PNC Financial Services to acquire BBVA USA Bancshares for $11.6bn
PNC Financial Services Group has signed an all-cash deal worth $11.6 billion to acquire BBVA USA Bancshares, the US banking arm of Spanish banking giant BBVA. Based in Texas, BBVA USA Bancshares, through its subsidiary BBVA USA, holds $104 billion in assets. Through its 637 branches spread across Texas, Alabama, Arizona, Colorado, Florida, California, and […]