PNC Bank, National Association Articles

PNC Financial Agrees to Buy 420 Branch RBC U.S. Unit for $3.5B Image Image courtesy of stockimages at FreeDigitalPhotos.net

PNC Financial Agrees to Buy 420 Branch RBC U.S. Unit for $3.5B

PNC Financial has agreed to buy the U.S. banking division of the Royal Bank of Canada for $3.5 billion. It marks a retreat for the bank even as other Canadian banks look to expand south of the border.

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