PNC Completes National City Conversion

by Stephanie Crosby PNC Financial Services has completed its conversion of National City branches six months ahead of schedule, according to the company. PNC purchased National City in 2008 for five-point-six million dollars. Since November, PNC has been converting National City branches into the PNC system. Regional President for Kentucky, southern Indiana and Tennessee Chuck […]

PNC Acquiring National City

PNC Financial Services has annnounced that it is acquiring National City Bank for about $5.6 billion. Cleveland-based National City has been in talks with potential buyers in recent weeks.   It was hit hard by the downturn in the mortgage market and announced this week it would lay off about 4,000 workers across the country. Indiana […]