is a large bank holding company. It is headquartered in
Pittsburgh, Pennsylvania , the site of the predecessor ''Pittsburgh National Bank''. When the holding companies ''Pittsburgh National Corporation'' and ''Provident National Corporation'' (which owned Provident National Bank of
Philadelphia ) merged, they chose their shared initials for the combined company and became '''PNC Financial Corporation'''. After some years of operating the two banks and others acquired thereafter independently, the banks were consolidated as one '''
PNC Bank. ''' Subsequently, the holding company was renamed '''PNC Bank Corporation''', but more recently the name has been changed again to underline the broader financial services it offers.
Its crosstown rival has been the
Mellon Financial Corporation .
It holds 70% of
BlackRock, Inc. , an
Investment Management firm.
PNC Financial Services was named one of the 100 Best Companies for Working Mothers in 2004 by
Working Mothers Magazine .
