Foreclosure

PNC picks up RBC U.S. Unit

Royal bank of Canada has announced that it is selling its U.S. retail operations to PNC Financial Services Group. The deal was announced at a price of $3.45 billion. In addition, PNC will take over RBC’s credit card assets for another $165 million.

PNC picks up RBC U.S. Unit

Jun 20, 2011 04:00 PM

Royal bank of Canada has announced that it is selling its U.S. retail operations to PNC Financial Services Group. The deal was announced at a price of $3.45 billion. In addition, PNC will take over RBC’s credit card assets for another $165 million.

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