‘Near the top of our wish list’: PNC had its eye on BBVA for years, CEO says
Bill Demchak, PNC’s chairman, president and CEO, said “cash mattered,” and the right environment led to the deal. The plan is to “grow this aggressively” through continued investment and cross-selling. PNC expects to realize gains from taking product offerings such as treasury management, capital markets, asset management and advisory services to BBVA customers.
