PNC is in talks to buy BBVA's U.S. arm, people familiar with the matter said. It would be one of the largest bank tie-ups since the financial crisis.
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I think PNC folks in their branches should worry. BBVA has a heavy fan base in their markets. They employ locally. PNC, usually, pays more, so their branch staff are more expensive.
I pray no one loses his/her job, unless it's God's will. Which means he has something better planned for you. Stay encouraged!
I've always heard PNC is a terrible place to work. I've also read about how before the acquisition was announced, PNC's CEO said they are closing close to 300 PNC branches by end of next year and 100 plus every year afterward. I figure the closures will only accelerate now with BBVA and PNC branches overlaping. When the announcement was made, they tried to tell us at BBVA that being bought by PNC will bring us new career opportunities. I guess they think we're a bunch of mo–ns if they think we'll believe that line. If you work at a BBVA branch within 30 miles of any PNC location I'd get ready to be laid off by the end of next year. If you work in a back office position in Birmingham or Houston get ready to be cut too.