PNC

PNC: Commercial Real Estate Drives 8% Rise in Net Loan Charge-Offs

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. Get the Full Story Complete the...

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PNC and TCW Partner on Loans to Middle Market Companies
PNC and TCW Partner on Loans to Middle Market Companies
May 06, 2024  |  Partnerships

The PNC Financial Services Group and the TCW Group have formalized and expanded their partnership to develop a private credit platform focused on middle market lending....

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Banks Report Lending Slows as Corporate Borrowers Pay Down Debt
Banks Report Lending Slows as Corporate Borrowers Pay Down Debt
April 16, 2024  |  Banking

The largest U.S. banks are reporting a slowdown in lending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Banks Cut 5,000 Jobs in Q1 Amid Uncertain Economic Climate
Banks Cut 5,000 Jobs in Q1 Amid Uncertain Economic Climate
April 16, 2024  |  Personnel

The largest U.S. banks cut a total of more than 5,000 jobs during the first quarter. Get the Full Story Complete the form to unlock...

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PNC Teams With Koxa to Offer Embedded Banking
PNC Teams With Koxa to Offer Embedded Banking
March 04, 2024  |  Banking

PNC has teamed with treasury platform Koxa to debut an embedded banking offering. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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PNC Net Loan Charge-Offs Rise 65%, Driven by Commercial Real Estate
PNC Net Loan Charge-Offs Rise 65%, Driven by Commercial Real Estate
January 16, 2024  |  Loans

PNC Financial Services Group saw delinquencies, total non-performing loans (NPLs) and net loan charge-offs increase during the fourth quarter. Get the Full Story Complete the...

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Regional Lenders Are Getting Smaller to Stay Afloat
Regional Lenders Are Getting Smaller to Stay Afloat
October 23, 2023  |  Banking

America’s regional banks are reportedly hoping to get healthier by getting smaller. Get the Full Story Complete the form to unlock this article and enjoy...

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PNC Financial Group Begins Reducing Workforce by 4%
PNC Financial Group Begins Reducing Workforce by 4%
October 13, 2023  |  Personnel

PNC Financial Group began staff reductions that will decrease its workforce by 4%. Get the Full Story Complete the form to unlock this article and...

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