PNC to reduce costs by $400M in 2023

PNC continued its improvement plan in the first quarter of 2023 as efforts to reduce costs by $400 million this year stay on target. “This program funds a significant portion of our ongoing business and technology investment,” PNC Chief Financial Officer Rob Reilly said today during the $557 billion bank’s earnings call. BY THE NUMBERS: […]

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• Source: https://bankautomationnews.com/allposts/retail/pnc-to-reduce-costs-by-400m-in-2023/