PNC Financial Services
PNC offers financial services of various kinds for its customers. In the retail business, the company has around five million customers and is equipped with 2,550 stores in 13 U.S. states and in Washington, DC represented. PNC is also active as asset managers and offers its own financial products. Other priorities include, inter alia, the lending business with corporate clients, acting as custodian, securities lending.
The company was founded in 1852 as the Pittsburgh Trust and Savings Company. In the company at the end of 2008, around 59,600 people were employed. A subsidiary is PNC Bank; In addition, the Company owns approximately one-fifth of the fund management company BlackRock.