11. SUSTAINABLE CITIES AND COMMUNITIES

PNC’s chief executive warns of threat from stablecoins – American Banker

Written by Amanda
Correction
An earlier version of this story overstated the amount of PNC’s noninterest income in the third quarter that came from BBVA. The correct figure is $213 million. The earlier version also misstated what PNC’s noninterest income in the quarter would have been without the addition of BBVA. Noninterest income in that scenario would have been up 10% from the previous three months.
October 19, 2021 11:56 AM EDT

Correction
An earlier version of this story overstated the amount of PNC’s noninterest income in the third quarter that came from BBVA. The correct figure is $213 million. The earlier version also misstated what PNC’s noninterest income in the quarter would have been without the addition of BBVA. Noninterest income in that scenario would have been up 10% from the previous three months.
October 19, 2021 11:56 AM EDT

Source: americanbanker.com

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Amanda

Hi there, I am Amanda and I work as an editor at impactinvesting.ai;  if you are interested in my services, please reach me at amanda.impactinvesting.ai