PNC Eyes Buying US Unit Of Spain's BBVA, Report Says
PYMNTS
NOVEMBER 15, 2020
The acquisition could have the effect of boosting PNC's presence in the southeast and west where the markets are growing quickly, according to WSJ. BBVA bought Alabama's Compass Bancshares in 2007 and has around $100 billion in assets in the U.S., including branches around the Sunbelt with a large presence in Texas.
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