Americas

PNC Financial Services Group plans to increase consumer lending with its current tilt toward commercial loans generating lower overall loan yields.

Old Dominion National Bank in McLean, Va., has raised $20 million through a private stock offering.

PNC Financial Services Group wants to sell its stake in BlackRock, the world's largest asset manager, a deal that could fetch about $12 billion.

Provident Financial Holdings in Riverside, Calif., has restated earnings from its most-recent quarter after it booked higher loan-origination costs.

Community Savings in Caldwell, Ohio, has begun the process to convert from a mutual thrift to a stockholder-owned company.

Two big investors in Heritage Commerce have converted some of their ownership in the San Jose, Calif., company to common stock.

Fifth Third Bancorp said Tuesday that it plans to close 44 branches, a cost-cutting move that follows its recent shutdown of more than 100 branches.

Raul G. Valdes-Fauli, president and chief executive of Professional Bank in Coral Gables, Fla., has died.

Camden National in Camden, Maine, is uniting its trust and bank units to form a wealth management division.

Comerica in Dallas has sent layoff notices to about 450 employees – nearly half of them in managerial roles – as part of a major cost-cutting initiative.