Media reports indicate that JPMorgan Chase and Pittsburgh-based PNC Financial are in the process of submitting bids to the FDIC in which they would buy First Republic. None of those parties were commenting on the reports. Charlotte-based Bank of America also is interested, according to CNBC.
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North Carolina Central University student entrepreneur Jahmir Hamilton won $2,500 in cash and first place at a pitch contest sponsored by PNC on Friday.
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TRU Colors Brewery, which employs rival gang members who brew beer and operate the business, has new funding from PNC Bank.
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Five Historically Black Colleges and Universities will receive a combined $2 million, or more, in three-year grants to expand entrepreneurship programs.
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Small business owners are feeling more optimistic than at any point in the prior 19 years, a new survey from PNC found. But consumers aren’t nearly as excited about the future. Here’s a look at the contrasting attitudes.
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Cisco announced a hybrid work policy yesterday. Some Triangle firms already had permanent flexible work policies in place. But what are firms doing now that the Delta variant is spreading? We asked companies how they’re handling vaccinations and workplace safety.
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PNC is spending billions to cement its place among America’s largest banks. The Pittsburgh-based lender with a big presence in the Triangle announced Monday that it was acquiring the American unit of Spanish financial group BBVA for $11.6 billion.
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