PNC

PNC's Todd Barnhart, incoming Consumer Bankers Association chair, says the group is concentrating on the impending process of modernizing the Community Reinvestment Act among other issues that do not require action on Capitol Hill.

The bank said it has received subpoenas related to low-income housing tax credits; write-offs of bad credit card debt creep up.

During earnings calls, bankers praised regulators' latest efforts to modify capital rules. JPMorgan Chase CFO Marianne Lake, meanwhile, called on policymakers to focus on overhauling the G-SIB surcharge.

A former executive at SunTrust has joined Cardlytics Inc. to help the company expand its partnerships with other banks.

William Parsley was most recently PNC's chief investment officer and treasurer and had previously served as head of consumer lending.

U.S. Bank's $600 million fine for AML lapses quickly drew readers attention, while acting CFPB Director Mick Mulvaney got the Cordray treatment on Capitol Hill and big banks made moves to speed real-time payments.

U.S. fintechs attracted $5.8 billion in the fourth quarter as institutions sought an AI edge.

The investment continues a trend of banks focusing on commercial payments technology.

It’s too soon to gauge the true impact of recent tax cuts on loan demand, but anecdotes from bankers suggest that, after months of stagnation, pipelines are filling up again.

JPMorgan Chase, Wells Fargo are the first to report; payments company will run pilot to see if digital currency speeds transactions and lowers costs.

In adding Martin Pfinsgraff, until recently the OCC's deputy comptroller for large-bank supervision, and retired Air Force Brig. Gen. Linda Medler, a cybersecurity expert, the regional bank says it is trying to build a board with expertise in fields of timely interest.

PNC's new consumer lending platform will be marketed on a national scale.

Mobile banking, oddly enough, is redefining the role of call center agents as customers handle routine tasks on their smartphones and reach out for help with bigger-picture questions.

The Pittsburgh company benefited from loan growth and higher interest rates, though fee income fell and expense rose in the third quarter.

Diana Reid's real estate unit accounts for roughly one-third of PNC’s annual revenue.

When the U.S. withdrew from the Paris Agreement, business leaders across the country called on the private sector to step up their own efforts to reduce greenhouse gas emissions and ultimately limit global warming to 2 degrees Celsius. From new corporate governance practices to energy efficient upgrades, here’s a look at some of the ways the banking sector is combating climate change.

Many of Zelle's member banks and credit unions chose to migrate clearXchange users to the relaunched service. It's a potential convenience, but if executed without end-user awareness or consent it can irritate consumers.

Many of Zelle's member banks chose to migrate clearXchange users to the relaunched service. It's a potential convenience, but if executed without end-user awareness or consent it can irritate consumers.

Customers of the Pittsburgh company were unable to access their accounts via online and mobile channels for several hours on Tuesday.

PNC is approaching corporate clients with new non-plastic card options including Apple Pay, Android Pay and Samsung Pay.