Fed approves acquisition of BBVA's U.S.
banking arm by PNC
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[May 15, 2021]
By Pete Schroeder
WASHINGTON (Reuters) - The U.S. Federal
Reserve said on Friday it had approved the acquisition of the U.S.
operations of Spanish lender BBVA by PNC Financial Services Group Inc,
clearing the way for a deal first announced in November. |
BBVA bank logo is pictured in Bogota, Colombia February 14, 2020.
REUTERS/Luisa Gonzalez |