PNC Financial Services

Michael Baker International Names John Robinson Pittsburgh Office Executive

Retrieved on: 
Wednesday, December 6, 2023

PITTSBURGH, Dec. 6, 2023 /PRNewswire/ -- Michael Baker International, a global leader in engineering, planning and consulting services, announced today that John Robinson has been named Office Executive – Pittsburgh. In this role, Mr. Robinson will focus on day-to-day operations of the Pittsburgh, Pennsylvania, office, growing the firm's portfolio and expanding its capabilities and services across all practices. In addition, Mr. Robinson will oversee a team of more than 350 in providing services to local, state and federal clients, as well as a wide range of commercial clients.

Key Points: 
  • PITTSBURGH, Dec. 6, 2023 /PRNewswire/ -- Michael Baker International , a global leader in engineering, planning and consulting services, announced today that John Robinson has been named Office Executive – Pittsburgh.
  • In this role, Mr. Robinson will focus on day-to-day operations of the Pittsburgh, Pennsylvania, office, growing the firm's portfolio and expanding its capabilities and services across all practices.
  • "Michael Baker's Pittsburgh office has an extensive history of providing our clients with solutions for their most challenging projects," said Paul Gluck, P.E., PMP, DBIA, Great Lakes Regional Director at Michael Baker International.
  • Mr. Robinson brings more than 26 years of experience spanning the global engineering, consulting and construction industry to his new role at Michael Baker.

The PNC Financial Services Group Announces Fourth Quarter and Full Year Earnings Conference Call Details

Retrieved on: 
Tuesday, December 5, 2023

PITTSBURGH, Dec. 5, 2023 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the fourth quarter and full year 2023 at approximately 6:30 a.m. (ET), Tuesday, Jan. 16, 2024, as previously announced.

Key Points: 
  • PITTSBURGH, Dec. 5, 2023 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) expects to issue financial results for the fourth quarter and full year 2023 at approximately 6:30 a.m. (ET), Tuesday, Jan. 16, 2024, as previously announced.
  • PNC Chairman, President and Chief Executive Officer William S. Demchak and Executive Vice President and Chief Financial Officer Robert Q. Reilly will hold a conference call for investors the same day at 11 a.m. (ET).
  • The following will be accessible at www.pnc.com/investorevents : a link to the live audio webcast on the day of the conference call; presentation slides, earnings release and supplementary financial information; and a webcast replay available for 30 days.
  • A telephone replay of the call will be available for one week at (800) 633-8284 and (402) 977-9140 (international), Conference ID 22028514.

ProMortgage Announces Opening of Sonoma County Office, Addition of Three Seasoned Mortgage Professionals

Retrieved on: 
Thursday, November 30, 2023

Updated products offerings by ProMortgage include Reverse Mortgages, Home Equity Lines of Credit (HELOCs) as well as Bridge Financing and Private Money Lending.

Key Points: 
  • Updated products offerings by ProMortgage include Reverse Mortgages, Home Equity Lines of Credit (HELOCs) as well as Bridge Financing and Private Money Lending.
  • In addition to compelling new products, ProMortgage is proud to share news of our expansion into Sonoma County and the continued growth of our team of mortgage professionals.
  • Sonoma County Office: San Rafael-based ProMortgage is excited to announce its expansion into Sonoma County with brand new offices located at Waterfall Towers in Santa Rosa.
  • The company's presence in Sonoma County aligns with their stated goal to establish a physical location in every Bay Area County by the end of 2024.

CCEDA UNVEILS SURVEY INTO BANK SUPPORT FOR CALIFORNIA CDCS AND CDFIS

Retrieved on: 
Wednesday, November 29, 2023

LOS ANGELES, Nov. 27, 2023 /PRNewswire/ -- California Community Economic Development Association (CCEDA) in collaboration with Rise Economy, formerly known as the Community Reinvestment Coalition, has released the results of a survey aimed at illuminating the funding landscape for Community Development Corporations (CDCs) and Community Development Financial Institutions (CDFIs) across California. Conducted between August 2nd and September 21st, 2023, the survey reached out to over 100 CDCs and CDFIs, receiving 45 responses (40%).

Key Points: 
  • Conducted between August 2nd and September 21st, 2023, the survey reached out to over 100 CDCs and CDFIs, receiving 45 responses (40%).
  • The top two banks cited by CDCs and CDFIs, especially BIPOC led CDFIs, were JP Morgan Chase and Wells Fargo Bank, while a large number of CDCs, more almost 40%, pointed to NO bank support.
  • "This report stands as an important instrument in encouraging bank backing for the invaluable efforts of CDCs and CDFIs in California," stated Roberto Barragan, Executive Director at CCEDA.
  • Fifty five banks were listed in the survey including JPMorgan Chase (including First Republic), Bank of America, Citibank, Wells Fargo Bank, US Bank (including Union Bank), PNC Bank, Goldman Sachs, Capital One, BMO (including Bank of the West), First Citizens Bank, Morgan Stanley, Ally Bank, HSBC, City National Bank, Comerica Bank, Western Alliance Bank, EastWest Bank, Umpqua Bank, Pacific Western Bank, First Bank, Cathay Bank, Pacific Premier Bank, Bank of Hope, Mechanics Bank, Banner Bank, First Foundation Bank, and Farmers and Merchants Bank (Long Beach).

2024 outlook from ASU and national economists

Retrieved on: 
Tuesday, November 28, 2023

TEMPE, Ariz., Nov. 28, 2023 /PRNewswire/ -- A precise 2024 economic outlook would be invaluable, given such an evaluation is complex. While a recession is becoming less likely, many unanswered questions remain, and we are still concerned about inflation. The ongoing crisis in Ukraine, the war in the Middle East, and tensions with China contribute to the continuing instability in the world economy. The sustained popularity of remote work is affecting commercial real estate and office financing. Climate change led to billion-dollar productivity losses in the U.S. economy. But we can give thanks for substantial growth driven by technological investments in Phoenix's West Valley.

Key Points: 
  • TEMPE, Ariz., Nov. 28, 2023 /PRNewswire/ -- A precise 2024 economic outlook would be invaluable, given such an evaluation is complex.
  • While a recession is becoming less likely, many unanswered questions remain, and we are still concerned about inflation.
  • The ongoing crisis in Ukraine, the war in the Middle East, and tensions with China contribute to the continuing instability in the world economy.
  • To schedule an interview with Augustine Faucher, contact Heidi Hurst, vice president of regional communications for PNC Bank, at [email protected] .

PNC Executives To Speak At Goldman Sachs Conference

Retrieved on: 
Tuesday, November 21, 2023

PITTSBURGH, Nov. 21, 2023 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak and Executive Vice President and Chief Financial Officer Robert Q. Reilly will discuss business performance, strategy and banking at 1:00 p.m. (ET) Tuesday, Dec. 5, at the Goldman Sachs US Financial Services Conference in New York City.

Key Points: 
  • PITTSBURGH, Nov. 21, 2023 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) announced today that Chairman, President and Chief Executive Officer William S. Demchak and Executive Vice President and Chief Financial Officer Robert Q. Reilly will discuss business performance, strategy and banking at 1:00 p.m. (ET) Tuesday, Dec. 5, at the Goldman Sachs US Financial Services Conference in New York City.
  • The following will be accessible at www.pnc.com/investorevents : a link to the live webcast; related materials, including cautionary statements regarding forward-looking information, available prior to the start of the webcast; and a webcast replay available for 30 days.
  • The PNC Financial Services Group, Inc. is one of the largest diversified financial services institutions in the United States, organized around its customers and communities for strong relationships and local delivery of retail and business banking including a full range of lending products; specialized services for corporations and government entities, including corporate banking, real estate finance and asset-based lending; wealth management and asset management.
  • For information about PNC, visit www.pnc.com .

EY Announces Tom Brennan, CEO and CTO of Sol-Ark, as an Entrepreneur Of The Year® 2023 National Award Winner

Retrieved on: 
Monday, November 20, 2023

ALLEN, Texas, Nov. 20, 2023 /PRNewswire/ -- Ernst & Young LLP (EY US) announced that Tom Brennan, CEO & CTO of Sol-Ark was named an Entrepreneur Of The Year® 2023 National Award winner, following his selection as a Southwest regional award winner in June. Winners were selected from a pool of 224 regional Entrepreneur Of The Year 2023 Award winners from 197 companies across the US. Entrepreneur Of The Year was created to honor those audacious entrepreneurs who dare to reimagine what's possible and develop products and solutions that disrupt markets, revolutionize industries and transform lives. Now in its 37th year, it is celebrated as one of the most respected business award programs in the world.

Key Points: 
  • Winners were selected from a pool of 224 regional Entrepreneur Of The Year 2023 Award winners from 197 companies across the US.
  • Now in its 37th year, it is celebrated as one of the most respected business award programs in the world.
  • "I am deeply honored to be an EY Entrepreneur Of The Year® 2023 National Winner.
  • I founded Sol-Ark to serve God, my Family and my Extended Family at Sol-Ark," said Tom Brennan, CEO and CTO of Sol-Ark.

Now in its 40th Year, the PNC Christmas Price Index Increases 2.7%, Less Than the U.S. Consumer Price Index

Retrieved on: 
Thursday, November 16, 2023

"We crunched the numbers and found that since the PNC CPI launched, the BLS CPI has increased 191%, while the PNC CPI increased 133%.

Key Points: 
  • "We crunched the numbers and found that since the PNC CPI launched, the BLS CPI has increased 191%, while the PNC CPI increased 133%.
  • Core Index Rises: PNC CPI's Core Index, which excludes the Seven Swans-a-Swimming, crept up 3.7%.
  • The annual PNC CPI tradition also includes calculating the "True Cost of Christmas," which is buying the gifts with verses repeated.
  • PNC Bank, N.A., is a member of The PNC Financial Services Group, Inc. (NYSE: PNC).

EY Announces Swapnil Agarwal of Nitya Capital as an Entrepreneur Of The Year® 2023 National Finalist

Retrieved on: 
Wednesday, November 15, 2023

HOUSTON, Nov. 15, 2023 /PRNewswire/ -- Ernst & Young LLP (EY US) announced Swapnil Agarwal, founder and CEO of Nitya Capital, as the national finalist for 2023 Entrepreneur Of The Year®.

Key Points: 
  • HOUSTON, Nov. 15, 2023 /PRNewswire/ -- Ernst & Young LLP (EY US) announced Swapnil Agarwal, founder and CEO of Nitya Capital, as the national finalist for 2023 Entrepreneur Of The Year®.
  • Now in its 37th year, it is celebrated as one of the most respected business award programs in the world.
  • Swapnil Agarwal was selected by a panel of independent judges made up of entrepreneurs and other notable business leaders from across the US.
  • "I'm deeply honored to be among the 49 National finalists for Entrepreneur Of The Year®.

Michael Happe of Winnebago Industries named Entrepreneur Of The Year® 2023 National Overall Award Winner

Retrieved on: 
Sunday, November 12, 2023

PALM SPRINGS, Calif., Nov. 12, 2023 /PRNewswire/ -- Ernst & Young LLP (EY US) today announced that Michael Happe , President and CEO of Winnebago Industries, a manufacturer of outdoor lifestyle products, has been named the Entrepreneur Of The Year ® 2023 National Overall Award winner.

Key Points: 
  • PALM SPRINGS, Calif., Nov. 12, 2023 /PRNewswire/ -- Ernst & Young LLP (EY US) today announced that Michael Happe , President and CEO of Winnebago Industries, a manufacturer of outdoor lifestyle products, has been named the Entrepreneur Of The Year ® 2023 National Overall Award winner.
  • Happe was selected by an independent panel of judges from 224 Entrepreneur Of The Year regional winners from 197 companies across the US.
  • He has transformed Winnebago from a single brand motorhome company to a leading North American manufacturer of outdoor lifestyle products.
  • We are so excited to celebrate him as the Entrepreneur Of The Year 2023 National Overall Award winner."