About Business
PNC Financial Services Group is a major American financial services corporation. It was founded in 1845 in Pittsburgh, Pennsylvania. Originally named the Pittsburgh Trust and Savings Company, the institution grew over the years and became known as PNC (short for Pittsburgh National Corporation) after a series of mergers. The current chairman and CEO at PNC Financial Services is William S. Demchak. PNC offers various financial services, including banking, investment, wealth management, estate planning, loan servicing, and asset management. PNC bank is counted as the largest bank in the United States in terms of its assets, deposits, ATMs, and number of branches. The company ranks among the largest Small Business Administration lenders and credit card issuers.
