PNC Bank
Coverage of PNC Bank in the Nexus archive.
- Opinion | We can’t afford to balance budget on backs of child care small businesses
The article argues against balancing the budget by placing financial burdens on child care small businesses. It is authored by Chana Edmond-Verley, CEO of Vibrant Futures; Kate Pew Wolters, president of the KRW Foundation; and Sean P. Welsh, regional president of PNC Bank's West Michigan Market.
- Former PNC Bank manager sues company for discrimination
A former PNC Bank manager is suing the company for discrimination, alleging men were promoted while women were excluded or criticized. The lawsuit also claims she was excluded from compensation calls where bonuses were decided. PNC Bank stated the claims are baseless and they will dispute them.
- PNC Reports $7 Billion of Exposure to Private-Credit Providers
PNC Financial's stock plummeted 7.6% after reporting fourth-quarter earnings that missed analyst expectations, marking its largest intraday decline since June 2020. The bank revealed $7 billion in exposure to private-credit providers, raising concerns about its financial stability.