Wisconsin Banking Update
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PNC Financial Sells Servicing Unit to Mellon
Posted on July 1st, 2010 No commentsPNC Financial Services Group Inc. has completed the $2.3 billion sale of its Global Investment Servicing Inc. to Bank of New York Mellon Corp., according to The Business Journal of Milwaukee. Pittsburgh-based PNC Financial runs 25 branches in the Milwaukee area and recently completed the conversion of those former National City branches to the PNC name.