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CoreStates Financial Corporation, previously known as Philadelphia National Bank (PNB), was an American bank holding company in the Philadelphia, Pennsylvania, metropolitan area. The bank was renamed in the mid-1980s after a series of mergers. After being acquired by First Union Corporation, which later also acquired Wachovia National Bank to ...
- 1803 (As "The Philadelphia Bank")
- Bank holding company
Meanwhile, in 1983--the year in which Philadelphia National was to adopt the CoreStates name for the parent corporation--Pittsburgh National followed the "initials" trend and became PNC Financial Corp. PNC went on to acquire a far more wide-spread group of banks and as of mid-1996 was easily the largest Pennsylvania-based banking company ...
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Corestates Financial Corp. CoreStates Financial Corp. is a bank holding company for CoreStates Bank, N.A. The Company's subsidiaries provide wholesale banking services, consumer finan- cial ...
- 19K
First Pennsylvania Bank was a bank based in Philadelphia, Pennsylvania. Founded in 1782, it was for centuries the oldest bank in the United States until it was acquired by CoreStates Financial Corporation in 1989. In the 1970s, First Pennsylvania officials attempted to turn their firm, then a "sedate regional bank", into a major national concern.
Oct 3, 2023 · The CoreStates-First Union merger, at $17 billion, was then the largest bank merger that had ever taken place in the United States. First Union later bought Wachovia National Bank in 2001 and the combined company took the Wachovia brand name. Wachovia Bank, suffering losses during the financial crisis of 2007–2008, was acquired by Wells Fargo ...
Centre Square West. 1500 Market Street. Philadelphia, PA 19101. United States. +1 (215) 000-0000.
Nov 19, 1997 · It seems incongruous that George Strawbridge Jr., a member of an old Main Line family, a historian and the biggest individual shareholder in the Corestates Financial Corporation, has played an ...
