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

ART SOUP COMING UP

Art Soup Coming Up

BUTTIGIEG IN MOBILE FOR AMTRAK GROUNDBREAKING

Buttigieg In Mobile For Amtrak Groundbreaking

GULF SHORES INTERNATIONAL AIRPORT NAMES NEW DIRECTOR

Gulf Shores International Airport Names New Director

ST. MICHAEL NAMED TO AP PROGRAM HONOR ROLL

St. Michael Named To AP Program Honor Roll

UWSWA REBRANDS

UWSWA Rebrands

100_ GRADUATION RATE AT ORANGE BEACH CITY SCHOOLS

100% Graduation Rate At Orange Beach City Schools

NEST OF MOBILE ANNUAL LUNCHEON COMING UP

NEST Of Mobile Annual Luncheon Coming Up

Eastern Shore Chamber Announces

Eastern Shore Chamber Announces Centennial Celebration

Lineup For Sand In My Boots

Lineup For Sand In My Boots, Hangout Fest Replacement, Announced

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.