Is BBVA bank now PNC?
BBVA bank's United States subsidiary, BBVA USA, was officially acquired by The PNC Financial Services Group in a massive multi-billion-dollar cash transaction. Following the regulatory approval and final closing of the acquisition, PNC completely integrated BBVA USA's operations, customer accounts, digital platforms, and physical branches into PNC Bank. Consequently, legacy BBVA USA branches and customer accounts transitioned directly to the PNC brand. However, this corporate acquisition applied specifically to the American banking division; the broader global parent entity, Banco Bilbao Vizcaya Argentaria, continues to operate its massive international banking networks independently in Mexico, South America, Europe, and other regions across the world.
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