The PNC Financial Services Group Inc. PNC CEO Bill Demchak announced a $4 billion acquisition of Colorado-based FirstBank on Monday, marking a strategic push toward his ambitious goal of creating a trillion-dollar banking giant.The deal positions PNC closer to joining the elite club of too-big-to-fail banks alongside JPMorgan Chase & Co. JPM and Bank of America Corp. BAC, according to a Wall Street Journal report.Check out the current price of PNC stock here.“Jamie Jr.” Builds On Wall Street LegacyIn the ba ...

WINNEBAGO, Ill., May 01, 2025 (GLOBE NEWSWIRE) -- Foresight Financial Group is proud to announce the successful legal consolidation of its six community banks—German American State Bank, Northwest Bank of Rockford, State Bank of Freeport, Lena State Bank, State Bank of Davis, and State Bank of Herscher—into a single charter under the new name Foresight Bank. Each location will continue to operate under its familiar name, now proudly as a division of Foresight Bank. This unification marks an important milest ...