PITTSBURGH, Dec. 7 /PRNewswire-FirstCall/ -- The PNC Financial Services
Group, Inc. (NYSE: PNC) announced today that it has closed the acquisition
of Lawrenceville, N.J.-based Albridge Solutions Inc., a provider of
portfolio accounting and enterprise wealth management services. Albridge
increases the offerings of PFPC Worldwide Inc., PNC's provider of global
investment services.
PFPC is a leading provider of processing, technology and business
solutions to the global investment industry. PFPC offers subaccounting,
transfer agency, managed account, alternative investment, fund accounting,
administration and custody services, representing over $2.5 trillion in
total assets. Visit us at http://www.pfpc.com.
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 fund
services.
SOURCE The PNC Financial Services Group, Inc.
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Related links:
http://www.pnc.com
http://www.pfpc.com
http://www.prnewswire.com/comp/701257.html /
CONTACT:
Media, Rob Tacey, +1-302-791-2859,
robert.tacey@pfpc.com, Fred Solomon, +1-412-762-7544,
frederick.solomon@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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