A March 12 story, "Hibernia Cuts Profit Estimates 35% Over Loans to Subprime Lenders," erred in highlighting a unit of PNC Bank Corp. as an unsecured lender to United Companies Financial Corp., which has filed for bankruptcy. Although the PNC unit was listed in the filing as one of 22 unsecured creditors, it had disposed of its position prior to the filing, a PNC spokesman said. And the original position, about $25 million, would not have made PNC one of the largest lenders to United.
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