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PNC Asset Management Group appoints Melcher chief investment officer

Pennsylvania’s PNC Financial Services Group Inc. announced that Thomas Melcher will become PNC Asset Management Group's chief investment officer, following James Dunigan’s retirement on Jan. 1.

Pennsylvania approves WSFS-Alliance bank merger

The Pennsylvania Office of the Comptroller of the Currency (OCC) has approved WSFS Bank's application to merge with Alliance Bank, WSFS said this week. "We are very pleased to have received…the final regulatory approval to completing the transaction,” Mark Turner, president and CEO of WSFS Bank, said.

State poll: Most voters want fuel-tax funds used only on transportation projects

A poll recently commissioned by Associated Pennsylvania Constructors (APC) reveals that four out of five Pennsylvania voters oppose using revenue derived from increased fuel taxes for non-transportation purposes, When the state enacted Act 89 in 2013, it raised taxes and user fees to cover transportation improvements, with revenue directed to the Motor License Fund and earmarked strictly for highway use, including State Police patrols.

Pittsburgh mayor names chairman of Envision Downtown Advisory Committee

Pittsburgh Mayor William Peduto on Monday announced that PNC Financial Services Group CEO and President William Demchak has agreed to chair the newly formed Envision Downtown Advisory Committee.

PA businesses optimistic about future

PNC Bank survey find small business owners expect increased sales, improved U.S. economy

PNC Financial releases annual stress-test results

PNC Financial Services released results on Thursday of its annual stress test, conducted by the company to show how it would perform during a severe recession and recovery.

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