PNC

The Pittsburgh-based bank's average loans increased 2% from the prior quarter, its largest jump since the end of 2022.

The bank worked with Atomic to embed the digital payroll deposit manager into its mobile banking app.

The Pittsburgh bank is absorbing broker-dealer Aqueduct Capital Group into its investment banking unit, Harris Williams.

The Pittsburgh bank has been looking for the right target to acquire at the right time. But top company executives said Tuesday that deals are likely off the table in the near term because of uncertainty about the direction of tariff policy and interest rates.

The Pittsburgh-based superregional bank plans to build more than 200 new branches in 12 states by 2029, twice the number it announced in February, in a bid to increase scale.

Guild has seen the "complexity of attacks against the sector and our customers" rapidly increase for the more than three decades that she herself has been working at the intersection of banking and technology. 

PNC has cut its credit card late fees to $8, and Wells Fargo has eliminated the charges on one new card. The moves signal that issuers are already adjusting to a CFPB rule that's currently on hold amid a court challenge.

Preliminary rulings by a Pennsylvania judge will allow a jewelry company that claimed it lost $1.1 million to fraud to move forward with suing individual bank employees.

The Pittsburgh-based regional bank reported a jump in soured commercial and consumer credits during the fourth quarter. Still, PNC executives said the company is appropriately reserved for a mild recession.

Ajay Banga's election will give the Biden administration a chance to evolve the anti-poverty lender toward a greater focus on climate change.