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Paulson: National City didn't deserve bailout money - Arlington Heights Daily Herald
U.S. Treasury Secretary Henry Paulson rejected a northeast Ohio congressman's claim Tuesday that struggling National City Corp. was improperly denied funding from the government's $700 billion bailout. Challenged on the issue Tuesday by U.S. Rep ...
Posted: Wed, 19 Nov 2008 05:59:00 GMT

PNC-National City bank deal draws criticism - Cleveland Plain Dealer Blog
Three weeks after the devastating announcement that National City Corp. is being sold, two things are apparent: PNC Financial Services Group got a really sweet deal to buy Ohio's largest bank. And National City was in far worse shape than the public ...
Posted: Sun, 16 Nov 2008 12:08:00 GMT

Oregon National City Bank robbed - WTGV
Oregon police report that on Friday, the National City Bank at 2548 Navarre was robbed shortly after 1 p.m. The suspect fled the bank on foot with an undetermined amount of cash. There were no injuries reported. The suspect is described as a white ...
Posted: Mon, 17 Nov 2008 13:18:00 GMT

Fitch Affirms National City Bank's Resi Servicer Rating of 'RPS2+' - PR Inside
Fitch Ratings has affirmed National City Bank's (NCB, formerly National City Mortgage Co., NCM) U.S. residential servicer ratings as follows: --Primary servicer rating for prime product at 'RPS2+'; --Primary servicer rating for Alt-A product at 'RPS2 ...
Posted: Wed, 19 Nov 2008 01:13:00 GMT

National City Bank sold for $5.6 billion - Philadelphia Inquirer
A by-the-numbers look at the sale of National City to Pittsburgh-based PNC Financial Services Group: , $5.6 billion: amount of sale. , $2.23: the price of the sale per share. , 4,000: number of jobs National City says it is cutting. , $180 billion ...
Posted: Sun, 16 Nov 2008 19:17:00 GMT

National City's bailout application never seriously considered - Cleveland Plain Dealer Blog
WASHINGTON -- National City Bank's application for federal bailout funds never got serious consideration because the bank was too weak to survive anyway, a Treasury Department official testified Friday. Regulators who screen bailout applications ...
Posted: Fri, 14 Nov 2008 23:37:00 GMT

PNC + National City: Expanding a Regional Presence - MSN MoneyCentral
MINNEAPOLIS , Nov. 13 /PRNewswire/ -- On October 24th , PNC announced their plan to acquire National City Bank. The merger will result in an expanded regional presence. Two new reports from Barlow Research Associates, Inc. ( http://www.BarlowResearch ...
Posted: Thu, 13 Nov 2008 13:59:00 GMT

PNC commits to continue, expand Nat City giving - St. Louis Business Journal
The Pittsburgh bank in line to buy National City Corp. has committed $28 million in charitable funding and sponsorships to the Cleveland bank’s communities for next year, $5 million more than National City’s foundation giving this year ...
Posted: Sun, 16 Nov 2008 23:56:00 GMT

Ohio lawmaker grills Paulson over refusal to aid National City - The Columbus Dispatch
WASHINGTON -- Treasury Secretary Henry Paulson said today he believes federal regulators made the right decision last month when they helped arrange for PNC Financial Services to buy Cleveland-based National City Bank, one of the 25 largest banks in ...
Posted: Tue, 18 Nov 2008 18:03:00 GMT

Lawmakers request data on sale of National City - Toledo Blade
CLEVELAND — Ohio lawmakers are demanding more information about National City Bank’s sale to PNC Financial Services Group. They want to know why National City’s application for federal bailout funds was rejected and why PNC used part of its ...
Posted: Sun, 16 Nov 2008 23:56:00 GMT