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Tag Archives: PNC Bank

Md.’s big banks offer employee bonuses amid tax cuts

(AP Photo/Matt Rourke, File)

In the wake of last year’s sweeping tax legislation, multiple large banks operating in Maryland have made commitments to increase salaries or pay out bonuses to employees. Five of Maryland’s largest banks accounting for more than half of the market ...

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Pebblebrook joint venture executes loan

Pebblebrook Hotel Trust, of Bethesda, a lodging real estate investment trust, announced that its joint venture with New York-based Denihan Hospitality Group, which owns six upscale boutique hotels in Manhattan, executed a new, $50 million non-recourse, secured loan with PNC Bank N.A., at a fixed annual interest rate of 3.14 percent.

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