PNC » Topics » B USINESS

This excerpt taken from the PNC 10-K filed Mar 2, 2009.

BUSINESS

PNC is one of the largest diversified financial services companies in the United States and is headquartered in Pittsburgh, Pennsylvania.

As described in Note 2 Acquisitions and Divestitures, on December 31, 2008, PNC acquired National City Corporation (“National City”), which increased our assets to a total of $291 billion and expanded our total consolidated deposits to $193 billion.

Prior to the acquisition, PNC had businesses engaged in retail banking, corporate and institutional banking, asset management, and global investment servicing, providing many of its products and services nationally and others in PNC’s primary geographic markets located in Pennsylvania, New Jersey, Washington DC, Maryland, Virginia, Ohio, Kentucky and Delaware. PNC also provided certain investment servicing internationally.

National City’s primary businesses prior to its acquisition by PNC included commercial and retail banking, mortgage financing and servicing, consumer finance and asset management, operating through an extensive network in Ohio, Florida, Illinois, Indiana, Kentucky, Michigan, Missouri, Pennsylvania and Wisconsin. National City also conducted selected consumer lending businesses and other financial services on a nationwide basis.

PNC is now in the process of integrating the business and operations of National City with those of PNC.

This excerpt taken from the PNC 10-K filed Feb 29, 2008.

BUSINESS

We are one of the largest diversified financial services companies in the United States based on assets, with businesses engaged in:

   

Retail banking,

   

Corporate and institutional banking,

   

Asset management, and

   

Global fund processing services.

We provide many of our products and services nationally and others in our primary geographic markets located in Pennsylvania, New Jersey, Washington, DC, Maryland, Virginia, Ohio, Kentucky, and Delaware. We also provide certain global fund processing services internationally. We are subject to intense competition from other financial services companies and are subject to regulation by various domestic and international authorities.

This excerpt taken from the PNC 10-K filed Feb 4, 2008.

BUSINESS

We are one of the largest diversified financial services companies in the United States based on assets, with businesses engaged in:

   

Retail banking,

   

Corporate and institutional banking,

   

Asset management, and

   

Global fund processing services.

We provide many of our products and services nationally and others in our primary geographic markets located in Pennsylvania; New Jersey; the greater Washington, DC area, including Maryland and Virginia; Ohio; Kentucky; and Delaware. We also provide certain global fund processing services internationally. We are subject to intense competition from other financial services companies and are subject to regulation by various domestic and international authorities.

This excerpt taken from the PNC 10-Q filed Nov 8, 2007.

BUSINESS

We are one of the largest diversified financial services companies in the United States based on assets, with businesses engaged in:

   

Retail banking,

   

Corporate and institutional banking,

   

Asset management, and

   

Global fund processing services.

We provide many of our products and services nationally and others in our primary geographic markets located in Pennsylvania, New Jersey, Washington, DC, Maryland, Virginia, Ohio, Kentucky, and Delaware. We also provide certain global fund processing services internationally. We are subject to intense competition from other financial services companies and are subject to regulation by various domestic and international authorities.

This excerpt taken from the PNC 10-Q filed Aug 8, 2007.

BUSINESS

We are one of the largest diversified financial services companies in the United States based on assets, with businesses engaged in:

   

Retail banking,

   

Corporate and institutional banking,

   

Asset management, and

   

Global fund processing services.

We provide many of our products and services nationally and others in our primary geographic markets located in Pennsylvania, New Jersey, Washington, DC, Maryland, Virginia, Ohio, Kentucky, and Delaware. We also provide certain global fund processing services internationally. We are subject to intense competition from other financial services companies and are subject to regulation by various domestic and international authorities.

This excerpt taken from the PNC 10-Q filed May 9, 2007.

BUSINESS

We are one of the largest diversified financial services companies in the United States based on assets, with businesses engaged in:

   

Retail banking,

   

Corporate and institutional banking,

   

Asset management, and

   

Global fund processing services.

We provide many of our products and services nationally and others in our primary geographic markets located in Pennsylvania; New Jersey; Washington, DC; Maryland; Virginia; Ohio; Kentucky; and Delaware. We also provide certain global fund processing services internationally. We are subject to intense competition from other financial services companies and are subject to regulation by various domestic and international authorities.

This excerpt taken from the PNC 10-K filed Mar 1, 2007.

BUSINESS

We are one of the largest diversified financial services companies in the United States based on assets, with businesses engaged in:

   

Retail banking,

   

Corporate and institutional banking,

   

Asset management, and

   

Global fund processing services.

We provide many of our products and services nationally and others in our primary geographic markets located in Pennsylvania; New Jersey; the greater Washington, DC area, including Maryland and Virginia; Ohio; Kentucky; and Delaware. We also provide certain global fund processing services internationally. We are subject to intense competition from other financial services companies and are subject to regulation by various domestic and international authorities.

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