PNC Financial Services Group Inc News
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Like a horror movie with multiple sequels, The Economy: Spring Swoon IV probably won’t be as surprising or as scary as its predecessors.
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PNC Financial Services Group Inc., the second-largest U.S. regional bank, reported a 24 percent increase in first-quarter profit, beating analysts’ estimates, as the lender cut costs and revenue climbed 6 percent.
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Wholesale prices in the U.S. fell more than forecast in March as the cost of energy slumped by the most in three years.
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Citigroup Inc., Goldman Sachs Group Inc. and JPMorgan Chase & Co. were among at least 15 financial companies that received potentially market-moving Federal Reserve information 19 hours before the public in a release the central bank called a mistake.
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Banks including Citigroup Inc. and Goldman Sachs Group Inc., along with congressional staff members and trade groups, received potentially market-moving Federal Reserve information 19 hours before the public in a release the central bank called accidental.
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In little more than a decade, Promontory Financial Group LLC has evolved into a new kind of Washington player tapped by banks including Morgan Stanley and Citigroup Inc. to resolve regulatory disputes behind the scenes.
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President Barack Obama sent a $3.8 trillion budget to Congress today calling for more tax revenue and slower growth for Social Security benefits in a political gamble intended to revive deficit-reduction talks.
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Ed Najarian said he’s leaving International Strategy & Investment Group Inc. and ending a 21- year career analyzing banks to get married and play more golf.
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Banco do Brasil SA has emerged as one of the top suitors for Bankia SA’s Florida unit, which may fetch $800 million, according to four people with knowledge of the matter.
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The U.S. economy grew at a faster pace than previously estimated in the fourth quarter, reflecting a bigger gain in business spending and a smaller trade gap.
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