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Nearly all major US banks pass Fed 'stress tests'

...America Holdings Inc., Huntington Bancshares Inc., KeyCorp, M&T Bank Corp., Northern Trust Corp., PNC Financial Services Group Inc., RBS Citizens Financial Group Inc., Regions Financial Corp., Santander Holdings USA Inc., State...

http://chronicle.augusta.com/news/business/2014-03-20/nearly-all-major-us-banks-
Rising interest rates affect demand for refinancing

...are most at risk of losing out, says Sterne Agee analyst Matthew Kelley. Among them: Bank of America, the PNC Financial Services Group and EverBank Financial.Others, including Ameris Bancorp and Banc of California, could do well should demand...

http://chronicle.augusta.com/news/business/2013-09-20/rising-interest-rates-affe
Economic optimism climbs

...Consumer finances are fundamentally healthier than they were," said Stuart Hoffman, the chief economist at PNC Financial Services Group.As the labor market has healed, Ameri cans have worried less about losing their jobs. As a result, they're...

http://chronicle.augusta.com/news/business/2012-03-11/economic-optimism-climbs
After 4-month surge, gas prices start falling

...gasoline prices to drop to just above $3.80 by late next week. Stuart Hoffman, the chief economist at PNC Financial Services Group, said the falling prices will put more money into the economy for Americans to spend elsewhere. A 10-cent...

http://chronicle.augusta.com/news/business/2012-04-20/after-4-month-surge-gas-pr
Shoppers cut back, hurt economy more

...I wish I could say the rise in the savings rate is over," said Stuart Hoffman, the chief economist at PNC Financial Services Group Inc., who thinks it will keep increasing until late this year. Mr. Hoffman said about half the 6.2 percent...

http://chronicle.augusta.com/stories/2009/03/06/bus_513680.shtml
Business
Thousands more layoffs announced

...cost-cutting measures came Tuesday on the heels of tens of thousands of layoffs by a slew of companies last week. PNC Financial Services Group said it plans to cut 5,800 jobs. Liz Claiborne Inc., will eliminate 725 jobs, or 8 percent of its work...

http://chronicle.augusta.com/stories/2009/02/04/bus_510144.shtml
Business
Wells Fargo, Wachovia shareholders approve deal

...Wells Fargo deal was the second major banking combination vote Tuesday. Earlier in the day, shareholders of PNC Financial Services Group Inc. and National City Corp. agreed to Pittsburgh-based PNC's acquisition of Cleveland-based National...

http://chronicle.augusta.com/stories/2008/12/24/bus_505153.shtml
Business
Tax rebate checks will be in the mail by spring

...I do think this will give the economy a shot of adrenaline," said Stuart Hoffman, chief economist at PNC Financial Services Group. The National Bureau of Economic Research, a private research organization, looked at what people did with...

http://chronicle.augusta.com/stories/2008/02/14/met_187243.shtml
Metro
Housing and fuel strain shoppers

...accounts later this year as the housing market continues to weaken, said Stuart Hoffman, chief economist at PNC Financial Services Group. Beyond the psychological impact, lower home values cut into consumers' ability to borrow money, Hoffman...

http://chronicle.augusta.com/stories/2006/08/28/fin_94003.shtml
Finance
Profits grow at healthy pace

...continue to be good, it isn't focused all on energy," said Jeff Kleintop, chief investment strategist for PNC Financial Services Group in Philadelphia. "We're seeing strength in industrials, retailers, telecom. Even health care had a decent...

http://chronicle.augusta.com/stories/2006/05/06/bus_80350.shtml
Business