Latest news with #MarkWiedman
Globe and Mail
a day ago
- Business
- Globe and Mail
TD Cowen Sticks to Their Buy Rating for PNC Financial (PNC)
TD Cowen analyst maintained a Buy rating on PNC Financial (PNC – Research Report) today and set a price target of $233.00. The company's shares closed yesterday at $177.74. Confident Investing Starts Here: The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PNC Financial with a $195.38 average price target. PNC market cap is currently $70.97B and has a P/E ratio of 12.67. Based on the recent corporate insider activity of 101 insiders, corporate insider sentiment is neutral on the stock. Last month, Mark Wiedman, the President of PNC bought 20.00 shares for a total of $3,568.00.
Zawya
08-04-2025
- Business
- Zawya
PNC Financial names former BlackRock executive as president
PNC Financial Services Group on Monday appointed former BlackRock executive Mark Wiedman as president, effective immediately. Wiedman will also assume presidency of the Pittsburgh-based company's wholly owned banking subsidiary, PNC Bank, PNC Financial said. Wiedman will report to Chief Executive William Demchak. Michael Lyons, the group's previous president, left in January to become president and CEO-elect of payments firm Fiserv. Touted to be a potential successor to BlackRock's CEO Larry Fink, Wiedman was the head of global client business at the asset manager. He also held several key positions at the firm since he joined in 2004 from Morgan Stanley. (Reporting by Janaki Venugopalan in Bengaluru; Editing by Maju Samuel)
Yahoo
07-04-2025
- Business
- Yahoo
PNC Financial names former BlackRock executive as president
(Reuters) - PNC Financial Services Group on Monday appointed former BlackRock executive Mark Wiedman as president, effective immediately. Wiedman will also assume presidency of the Pittsburgh-based company's wholly owned banking subsidiary, PNC Bank, PNC Financial said. Wiedman will report to Chief Executive William Demchak. Michael Lyons, the group's previous president, left in January to become president and CEO-elect of payments firm Fiserv. Touted to be a potential successor to BlackRock's CEO Larry Fink, Wiedman was the head of global client business at the asset manager. He also held several key positions at the firm since he joined in 2004 from Morgan Stanley. Sign in to access your portfolio
Reuters
07-04-2025
- Business
- Reuters
PNC Financial names former BlackRock executive as president
April 7 (Reuters) - PNC Financial Services Group (PNC.N), opens new tab on Monday appointed former BlackRock (BLK.N), opens new tab executive Mark Wiedman as president, effective immediately. Wiedman will also assume presidency of the Pittsburgh-based company's wholly owned banking subsidiary, PNC Bank, PNC Financial said. Wiedman will report to Chief Executive William Demchak. Michael Lyons, the group's previous president, left in January to become president and CEO-elect of payments firm Fiserv (FI.N), opens new tab. Touted to be a potential successor to BlackRock's CEO Larry Fink, Wiedman was the head of global client business at the asset manager. He also held several key positions at the firm since he joined in 2004 from Morgan Stanley (MS.N), opens new tab.
Wall Street Journal
07-04-2025
- Business
- Wall Street Journal
PNC Taps Ex-BlackRock Star Mark Wiedman as President
PNC PNC -0.19%decrease; red down pointing triangle Financial Services Group hired Mark Wiedman as its president, tapping the former-BlackRock BLK -0.62%decrease; red down pointing triangle executive to help lead efforts under Chief Executive Bill Demchak to position the bank ahead of the curve with competitors at a pivotal moment for the industry. A two-decade veteran of BlackRock, Wiedman was most recently the head of its global client business. He had been viewed as a lead contender to take over for CEO Larry Fink until his departure from the firm this year. In the new role, which is effective immediately, Wiedman will be at the top of the succession list for Demchak.
