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Banking & Finance: PNC Announces Agreement To Acquire Fortis | December 20, 2017

PNC Announces Agreement To Acquire Fortis

PITTSBURGH, Pa. – PNC Bank today announced a definitive agreement to acquire Fortis Advisors, a provider of private merger and acquisition post-closing shareholder representative services. Upon the closing of the transaction, Fortis will become a subsidiary of PNC Bank within its Corporate & Institutional Banking business, a provider of products and services to middle market businesses. […]

Banking & Finance: Farmers National Bank to Open Office in Beachwood | December 14, 2017

Farmers National Bank to Open Office in Beachwood

BEACHWOOD, Ohio – Farmers National Bank is expanding its footprint with a new office in Beachwood at 27600 Chagrin Blvd., expected to be open in January. The Beachwood office will add three new hires to Farmers’ commercial lending team: Christopher Smerglia, commercial lending team leader and market president; Jamie Brotherton, vice president, senior commercial relationship […]

Banking & Finance: New Car Sales Down Nationwide, Cruze Drops 33% | December 1, 2017

New Car Sales Down Nationwide, Cruze Drops 33%

YOUNGSTOWN, Ohio – All three American automakers posted year-over-year drops in sales during November, keeping sales figures slightly behind last year’s record totals. Despite the declines, however, all beat industry analysts’ predictions Across its four brands, General Motors’ retail sales were down just 0.1% from a year ago, with sales totaling 197,340 last month. Total […]