Dossier
PNC
Coverage of PNC in the Nexus archive.
- PNC posts record quarterly revenue as capital markets fees surge and profit jumps 25%
PNC reported record quarterly revenue driven by an 80% increase in capital markets and advisory revenue compared to the previous year. The FirstBank acquisition contributed to growth in loans and deposits, alongside a 25% jump in profit.
- Nicolais: From FirstBank to new bank, why I could not leave PNC fast enough
FirstBank was sold to PNC earlier this year, leading to a transition that prompted customers to leave. The transition was described as 'awful' and drove customers away.
- A 77-year-old lost $390,000 of his retirement savings after picking up a scam call. Now he wants to help others.
Jeffrey Maas, a 77-year-old man, lost $390,000 of his retirement savings after falling victim to a scam involving a fake PayPal agent and a fraudulent gold purchase. He is suing PNC and American Coin and Stamp Co, Inc. for negligence.