PNC Financial Services Group

Definition

PNC Financial Services Group is a banking and financial services corporation that provides a wide range of services including retail banking, asset management, and corporate banking. It operates primarily in the United States and is known for tailoring its organizational structure to effectively serve its diverse customer base.

Related terms

Retail Banking: The provision of banking services to individual consumers rather than companies.

Asset Management: A systematic process of developing, operating, maintaining, and selling assets in a cost-effective manner.

Corporate Banking: Banking services that are tailored specifically for corporations, including commercial loans, treasury and cash management solutions, and sometimes investment banking