PNC

Earnings See Businesses Embrace Working Capital Flexibility as Growth Pauses
Earnings See Businesses Embrace Working Capital Flexibility as Growth Pauses
April 18, 2025  |  Earnings

U.S. reciprocal tariffs have upended global trade. Once fluid supply chains are now tangled with complexity, and the ripple effects are being felt across every...

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Consumer Resilience Buoys Big Banks, but CEOs Remain Cautious
Consumer Resilience Buoys Big Banks, but CEOs Remain Cautious
April 16, 2025  |  Banking

In a quarter overshadowed by tariff discussions and global economic jitters, three of the nation’s largest financial institutions — PNC, Citigroup, and Bank of America...

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PNC Leverages Technology to Help Clients Manage Uncertainty
PNC Leverages Technology to Help Clients Manage Uncertainty
April 15, 2025  |  Earnings

PNC Financial Services Group is leveraging technology and its other strengths as it helps clients manage the uncertainty caused by tariffs, executives said Tuesday (April...

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Behavioral Analytics Inject ‘Smart Friction’ Into Battle Against Scams and Payments Fraud
Behavioral Analytics Inject ‘Smart Friction’ Into Battle Against Scams and Payments Fraud
March 05, 2025  |  Fraud Prevention

Scams against banks and their customers have exploded. Fraudsters pull at human nature in a bid to gain access to accounts and drain them —...

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Banks See Lukewarm Lending in Spite of Wall Street Rally
Banks See Lukewarm Lending in Spite of Wall Street Rally
January 31, 2025  |  Loans

Steady-to-declining interest rates. Inflation under 3%. A relaxed attitude to regulation in D.C. As the Wall Street Journal (WSJ) points out in a report Friday (Jan. 31),...

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Fiserv Appoints PNC Veteran Michael Lyons as President and CEO-Elect
Fiserv Appoints PNC Veteran Michael Lyons as President and CEO-Elect
January 23, 2025  |  Personnel

Fiserv has appointed Michael P. Lyons, former president of PNC Financial Services Group, as its president and CEO-elect, effective Monday (Jan. 27). Lyons will become CEO and a...

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PNC to Complement Branch Expansion With New Online Banking Platform
PNC to Complement Branch Expansion With New Online Banking Platform
January 16, 2025  |  Earnings

PNC Financial Service Group will soon roll out a new online banking platform that will complement its investment in new branch locations and renovations, bank...

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PNC Expects Loan Growth After Fed’s Rate Cut
PNC Expects Loan Growth After Fed’s Rate Cut
October 15, 2024  |  Earnings

PNC Financial Services Group said Tuesday (Oct. 15) that it is prepared for lending to pick up after the Federal Reserve cut interest rates in...

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PNC: Commercial Real Estate Drives 8% Rise in Net Loan Charge-Offs
PNC: Commercial Real Estate Drives 8% Rise in Net Loan Charge-Offs
July 16, 2024  |  Earnings

PNC Financial Services Group saw expected increases in total nonperforming loans and net loan charge-offs in the second quarter. The increases were primarily due to...

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