PNC Swallows FirstBank: A Regional Romance with Global Repercussions and Free Checking
PNC Bank Gobbles FirstBank, and the World Pretends Not to Yawn By Hugo Valdez-Cortez, International Finance Correspondent on his third espresso and last nerve When PNC Financial Services announced it would inhale FirstBank Holding Co. for an undisclosed-but-whispered-to-be-jaw-dropping sum, the reaction outside North America was the polite shrug usually reserved for a distant cousin’s third…