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Fed approves PNC-National City deal January 5, 2009

Posted by admin in : Resources , add a comment The Federal Reserve Board approved PNC Financial Services Group’s proposed acquisition of National City Corp., leaving the Dec. 23 vote of the two banks’ shareholders as the only hurdles to completing the transaction by the end of the year. The Department of Justice approved the sale last week after ordering Pittsburgh-based PNC to sell 61 National [...]