December 19, 2011

Federal Reserve Board approves application by The PNC Financial Services Group and PNC Bancorp

For immediate release

The Federal Reserve Board on Monday announced its approval of the application by The PNC Financial Services Group, Inc., Pittsburgh, Pennsylvania, and PNC Bancorp, Inc., Wilmington, Delaware, to acquire RBC Bank (USA), Raleigh, North Carolina. 

A statement of the reasons for the Board's approval will be issued shortly.

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Last Update: December 19, 2011