Search results
Results from the WOW.Com Content Network
William Stanton Demchak (born August 24, 1962) is a business executive in the finance industry and serves as the current chief executive officer of PNC Financial Services.He is credited with being one of the earliest adopters of the credit default swap, especially the creation of markets around them, which due to the role they would play in the Financial crisis of 2007–2008, earned him the ...
PNC branch footprint, as of November 2021 PNC Bank Corporate Footprint. The PNC Financial Services Group, Inc. is an American bank holding company and financial services corporation based in Pittsburgh, Pennsylvania. Its banking subsidiary, PNC Bank, operates in 27 states and the District of Columbia, with 2,629 branches and 9,523 ATMs.
There has been controversy in the media and elsewhere about the bonuses paid to bank staff, [2] [3] especially since the bank bailouts and rescue packages paid by governments during 2008 following the financial crisis of 2007–08. [4] [5] This controversy has led to legislators seeking to restrict the way in which bonuses can be paid.
A spokesperson for PNC Bank denied that Falice was discriminated against, per WSB-TV. “We believe Ms. Falice was treated fairly and consistent with our company values, policies and practices ...
Get breaking Finance news and the latest business articles from AOL. From stock market news to jobs and real estate, it can all be found here.
CEO pay includes salary, bonuses, stock sales, and other payments. Average CEO Pay is calculated using the last year a director sat on the board of each company. Stock returns do not include dividends. All directors refers to people who sat on the board of at least one Fortune 100 company between 2008 and 2012.
Two years later, The Banker magazine of London named PNC "Bank of the Year in the U.S." for 2010. In 2011 PNC agreed to purchase 19 Florida branches of BankAtlantic Bancorp, and by 2012 he had closed on the acquisition of a much bigger franchise, the 426 U.S. branches of the Royal Bank of Canada, collectively known as RBC Bank (USA).
CEO pay includes salary, bonuses, stock sales, and other payments. Average CEO Pay is calculated using the last year a director sat on the board of each company. Stock returns do not include dividends. All directors refers to people who sat on the board of at least one Fortune 100 company between 2008 and 2012.