New Brand Reflects Full Scope of Business Capabilities and Corporate
Alignment
WILMINGTON, Del., July 14 /PRNewswire-FirstCall/ -- The PNC Financial
Services Group, Inc. (NYSE: PNC) announced today that its PFPC business
unit has been renamed PNC Global Investment Servicing.
"Our new name reflects PNC's investment in our business and illustrates
PNC's commitment to our shared vision for growth," said Timothy G. Shack,
chairman, PNC Global Investment Servicing. "It also affirms that PNC
provides a comprehensive range of financial services worldwide."
In Europe, PFPC International Limited will now operate as PNC Global
Investment Servicing (Europe) Limited and PFPC Bank Limited as PNC
International Bank Limited. ADVISORport, Albridge Solutions, Inc. and
Coates Analytics, LP will retain their respective naming architecture as
PNC companies. In addition, PFPC Distributors, Inc. and PFPC Trust Company
will continue doing business under their current names.
"This new brand reinforces our continuing strategy to evolve our
business model," said Stephen M. Wynne, chief executive officer, PNC Global
Investment Servicing. "We have retained our leadership position within the
U.S. processing business and expanded our international operations.
Recently we added new and unique business intelligence and analytics
services that allow us increasingly to serve as an information provider as
well as an information processor."
For more information about the new brand, please visit a special site
at http://www.pncgis.com/welcome. Included on this site is a business
overview video, an interactive timeline of product and service innovations,
fact sheets and executive biographies.
To access the multimedia content associated with this release, please
visit http://www.thenewsmarket.com/PNC. Media can access broadcast quality
video for editorial use, free of charge.
PNC Global Investment Servicing (http://www.pncgis.com) is a leading
provider of processing, technology and business intelligence services to
asset managers, broker/dealers and financial advisors worldwide. PNC Global
Investment Servicing offers fund accounting and administration, custody,
transfer agency, alternative investment, subaccounting, managed account and
wealth management reporting services, representing more than $2.6 trillion
in total assets.
The PNC Financial Services Group, Inc. (http://www.pnc.com) is one of
the nation's largest diversified financial services organizations providing
retail and business banking; specialized services for corporations and
government entities, including corporate banking, real estate finance and
asset-based lending; wealth management; asset management and global
investment services.
SOURCE The PNC Financial Services Group, Inc.
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Related links:
http://www.pnc.com
http://www.pncgis.com
http://www.prnewswire.com/comp/701257.html /
CONTACT:
Media, Rob Tacey, +1-302-791-2859,
robert.tacey@pncgis.com; or Amy Vargo, +1-412-762-1535,
amy.vargo@pnc.com; or Investors, William H. Callihan,
+1-412-762-8257, investor.relations@pnc.com, all of The PNC
Financial Services Group, Inc.
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