Posted inCommunity news

PNC closes books on solid year; projects ‘shallow’ recession in 2023  

PNC Financial Services Group on Wednesday reported higher revenue and profits for the fourth quarter compared with the same period a year earlier, as Pittsburgh’s and the state’s biggest bank benefited from rising interest rates. Profits were lower than analysts had expected however, sending PNC’s stock tumbling $8.31, or 5%, to $153.54 per share in […]