Mobile UPI  |   About UPI  |   UPI en Español  |   UPI Arabic  |   UPIU  |   My Account
Search:
Go

Business News

PNC profit rises despite growing loan losses

Oct. 22, 2009
PNC Financial Services Group said Thursday its profit grew sharply during the third quarter, even though it continues to see loan losses pile up. Like nearly all banks, Pittsburgh-based PNC is facing mounting loan losses as consumers struggle to repay debt....
Related Stories from UPI.com

PNC Financial to cut 5,800 jobs

PITTSBURGH, Feb. 3 (UPI) -- PNC Financial Services Group Inc. in Pittsburgh said Tuesday it would cut 5,800 jobs after losing $248 million in the fourth quarter.

Puerto Rico's Popular Inc. buys E-Loan

SAN JUAN, Puerto Rico, Aug. 3 (UPI) -- Puerto Rico's Popular Inc., a financial services company, will pay $300 million to buy E-Loan Inc. of California.

Auto delinquencies decline

NEW YORK, Nov. 29 (UPI) -- Fitch Ratings said Monday auto delinquencies and losses on prime auto loan asset-backed U.S. securities declined in October.
1 of 28
Lori Anne Madison, 6, competes in Scripps National Spelling Bee
View Caption
Lori Anne Madison, 6, of Woodbridge, Virginia, spells out the letters in her word as she competes during the opening round of the Scripps National Spelling Bee, May 30, 2012, in National Harbor, Maryland. Madison, the youngest known qualifier in the history of the contest, correctly spelled the word "dirigible*", a lighter-than-air aircraft, to advance. UPI/Mike Theiler