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PNC Receives Regulatory Approval For Acquisition Of BBVA USA


PNC Receives Regulatory Approval For Acquisition Of BBVA USA
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PITTSBURGH, May 14, 2021 /PRNewswire/  The PNC Financial Services Group, Inc. (NYSE: PNC) today announced receipt of regulatory approval from the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency to complete the previously announced acquisition of BBVA USA Bancshares, Inc., including its U.S. banking subsidiary, BBVA USA. The regulatory approval process also included approvals from the Banking Departments of the States of Alabama and Texas. No further regulatory approvals are required to complete the acquisition and merger of PNC Bank and BBVA USA. ....

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PNC Financial Services : Harris Williams Advises CIS Secure Computing, Inc. on its Sale to HKW


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Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised CIS Secure Computing, Inc. (CIS), a portfolio company of Acorn Growth Companies (Acorn), on its sale to HKW. CIS is a provider of secure endpoint communications technologies for enduring national security missions of the U.S. government. The transaction was led by Chris Rogers, David Jones, Chris Smith and Elliot Cave of the Harris Williams Aerospace, Defense & Government Services (ADG) Group and Shinik Patel of the firm’s Richmond office.
“CIS is widely recognized as a market leader in secure endpoint communications technologies and is a trusted partner supporting the most important national security missions of the U.S. government,” said Chris Rogers, a managing director at Harris Williams. “The company grew significantly under Acorn’s ownership, and we are excited to watch the company continue executing on its strategic priorities ....

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