All Entries Tagged With: "National City Bank"
PNC Bank gets $7.7 billion and buys National City Corp
PNC Financial Services Group, who have a huge presence in Washington announced today that it is purchasing National City for $5.2 billion in stock, by doing so PNC will create the fifth-largest bank in the country by deposits.
PNC Bank also said that the US Treasury will be injecting $7.7 billion of capital into the bank. [...]
National City Bank shares up as US senate decide on bailout
As investors flooded financial stocks Wednesday ahead of the US rescue package senate vote, National City bank gained in share value.
National City Corporation share price surged up 65.1 percent or $1.14 to $2.89, although this is
National City Bank stock lead US recovery
National City Corporation along with Sovereign Bancorp Inc have led gain among US regional banks after US lawmakers said they intend to salvage the $700 billion bank-rescue package that President