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...Alan Rohrbach President, Rohr International, Inc, Chicago, IL, US Letter in response to this letter: Richest 1 per cent and the Gilded Age redux / From Cathal Rabbitte...
...“Mr Feldstein brings a reputation for innovation and additional risk management expertise to the board,” Jim Rohr, PNC’s chairman and CEO before Mr Demchak’s promotion this year, said in a statement....
...Mr Demchak’s arrival first as chief financial officer alongside chief executive Jim Rohr, who is now retiring, was welcomed by regulators....
...“Bill has demonstrated exceptional leadership since joining PNC in 2002,” said Mr Rohr....
...This is a weakness in the sole practitioner structure, says Merrill Lynch’s Mr Rohr....
...“While we are pleased with the progress we have made, our financial results do not yet reflect the full potential from our investments,” said James Rohr, chief executive, in a statement....
...Jim Rohr, chief executive of PNC, a $301bn lender, said: “We’re really just not seeing people plunking down a lot of dough to expand their business and build plants and hire a lot of people because of the...
...Most of the loans being questioned were originated between 2005 and 2008 by National City, a lender purchased by PNC during the financial crisis, Mr Rohr said....
...Mr Rohr said small businesses were feeling more confident....
...A bullish Mr Rohr said he expected “PNC full-year earnings to improve next year, because we believe we will grow loans, cross-sell our customers and focus on managing our …expenses”....
...Jim Rohr, chief executive of PNC, who said he hoped to increase the dividend pay-out, questioned the amount of data the Fed should be releasing publicly....
...“The idea that we’ve got the government setting prices is bad policy, I believe,” said James Rohr, chief executive. “It’s wrong.”...
...“Despite softness in the economy, we believe our business model will continue to deliver quality growth in the future,” said James Rohr, chief executive....
...Michael Rohr, an analyst at Siliva Quandt Research, said: “Even the fixed income flow ‘monster’ at Deutsche Bank did not succeed in sustaining revenues against the market.”...
...“We have great universities, there is a great deal of talent around here and there are a lot of corporations around,” says James Rohr, PNC chief executive....
...“The visibility arising from the G20 meeting will be extremely important,” argues James Rohr, chief executive of PNC, a large bank headquartered in the city....
...Jim Rohr, chief executive of PNC, said such weakness had become increasingly apparent in recent weeks....
...Mr Rohr said that PNC had been in talks with National City for months “on and off”....
...Mr Rohr’s caution is in some ways a product of a 2002 brush with the Securities and Exchange Commission....
...PNC chief executive James Rohr has said the bank could use the gain to fund acquisitions....
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