PNC to reach Colorado-expansion target with FirstBank takeover

PNC Financial Services Group Inc. will fulfill its goals for expanding across Colorado with the planned takeover of FirstBank Holding Co., and the regional-banking giant will focus its branch-opening effort on other states instead, PNC Chief Executive Officer Bill Demchak said. Pittsburgh-based PNC agreed to buy FirstBank for about $4.1 billion to add $26.8 billion […]