Tag Archives: BankRate

Banking Version of Musical Chairs Continues: PNC Bank Buys RBC Bank

Yet another wave of bank ownership changes has hit the Southeast. Pittsburg-based PNC Financial Corporation has entered into an agreement to purchase RBC Bank. PNC is the sixth-largest U.S. bank by deposits. PNC traces its history back to the Pittsburgh Trust and Savings Company which was founded in 1852. Continue reading

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