Federal Reserve System Reviews PNC Bank's Edge Corporation Status
March 23, 2025
March 23, 2025
WASHINGTON, March 23 (TNSFR) -- The Federal Reserve System has announced that PNC Bank, National Association, headquartered in Wilmington, Delaware, has applied to continue the existence of PNC Bank International, an Edge Corporation.
This application has been submitted under Section 25A of the Federal Reserve Act, which governs the establishment and operations of Edge Corporations. These specialized banking entities are designed to facilitate international financial transactions a . . .
This application has been submitted under Section 25A of the Federal Reserve Act, which governs the establishment and operations of Edge Corporations. These specialized banking entities are designed to facilitate international financial transactions a . . .