PNC to Acquire BBVA

Pittsburgh-based PNC Financial Services Group has won regulatory approval for its acquisition of Birmingham-based BBVA USA, Business Alabama recently reported. Both banks have many branches across Mobile and Baldwin counties. The deal, which would make PNC the nation’s fifth-largest bank, is expected to close June 1. It is valued at an estimated US$11.6 billion. “We are pleased to have received regulatory approval of our acquisition that will accelerate our growth trajectory and drive long-term shareholder value,” William S. Demchak, PNC chairman, president and CEO, said. BBVA customers are to transition to PNC in October.

Read More

BBN-fallback

PRCA Mobile Project Benefits Feeding The Gulf Coast, Housing First

ALABAMA AEROSPACE & DEFENSE COUNCIL ESTABLISHED

Alabama Aerospace & Defense Council Established

Woods Named DRI Association...

Woods Named DRI Association Secretary-Treasurer

BALDWIN EMERGENCY PHYSICIANS STAFF NORTH BALDWIN INFIRMARY

Baldwin Eemergency Physicians Staff North Baldwin Infirmary

MMofA HOLIDAY MARKET, OPEN HOUSE ANNOUNCED

MMofA Holiday Market, Open House Announced

USA HEALTH LAUNCHES KIDNEY STONE CENTER

USA Health Launches Kidney Stone Center

BBN-fallback

Artists Market Coming To Orange Beach

METZGER NAMED CEO OF USA HEALTH PROVIDENCE HOSPITAL

Metzger Named CEO Of USA Health Providence Hospital

MOBILE INTERNATIONAL FESTIVAL IS THIS WEEKEND

Mobile International Festival Takes Place This Weekend

Subscribe to our weekly newsletter

Sign up here for free to get Bay Business News email newsletter every Friday.

By subscribing, you agree to our User Agreement and Privacy Policy & Cookie Statement.

Something went wrong. Please check your entries and try again.

Subscribe to our weekly newsletter

Sign up here for free to get Bay Business News email newsletter every Friday.

Please enter a valid email address.
Something went wrong. Please check your entries and try again.