Ticker	Volume	Price	Price Delta
DJIA	15,294.50	-12.67	-0.08%
S&P 500	1,650.51	-4.84	-0.29%
Nasdaq	3,459.42	-3.88	-0.11%

Ticker

Volume

Price

Price Delta

DJIA

15,294.50

-12.67

-0.08%

S&P 500

1,650.51

-4.84

-0.29%

Nasdaq

3,459.42

-3.88

-0.11%

Ticker	Volume	Price	Price Delta
STOXX 50	2,776.78	-58.23	-2.05%
FTSE 100	6,696.79	-143.48	-2.10%
DAX	8,351.98	-178.91	-2.10%

Ticker

Volume

Price

Price Delta

STOXX 50

2,776.78

-58.23

-2.05%

FTSE 100

6,696.79

-143.48

-2.10%

DAX

8,351.98

-178.91

-2.10%

Ticker	Volume	Price	Price Delta
Nikkei	14,866.30	+382.28	2.64%
Hang Seng	22,633.20	-36.49	-0.16%
S&P/ASX 200	4,993.70	-68.75	-1.36%

Ticker

Volume

Price

Price Delta

Nikkei

14,866.30

+382.28

2.64%

Hang Seng

22,633.20

-36.49

-0.16%

S&P/ASX 200

4,993.70

-68.75

-1.36%

PNC’s Purchase of RBC Retail Unit Approved by Federal Reserve

By Dakin Campbell - 2011-12-20T00:00:55Z

PNC Financial Services Group Inc. (PNC), the sixth-largest U.S. bank by deposits, won approval from the Federal Reserve to purchase Royal Bank of Canada (RY)’s U.S. retail- banking unit.

Central bank officials approved the transaction today, according to a statement on the agency’s website. The Fed didn’t disclose reasons for its decision.

PNC, based in Pittsburgh, agreed in June to pay $3.62 billion in cash and stock for Raleigh, North Carolina-based RBC Bank USA to add more than 420 branches and related credit-card assets. The deal may close in March 2012, PNC has said.

To contact the reporter on this story: Dakin Campbell in San Francisco at dcampbell27@bloomberg.net

To contact the editor responsible for this story: David Scheer at dscheer@bloomberg.net

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