March 14, 2010
Bank's Ties to University Boards Coincide With Business Deals
While many banks struggled last year, PNC Financial Services Group stayed strong, and accounts held by college students are part of the reason. But the bank's influence on a handful of college governing boards is raising questions about the appropriate role of trustees who maintain ties to business.
James E. Rohr, PNC's chairman and chief executive, told investors at a meeting convened by Goldman Sachs in December that the bank hopes to tap as many as 700,000 potential customers from
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