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PNC Bank Announces Agreement To Buy BBVA USA Bancshares

By: KDKA-TV News Staff

PITTSBURGH (KDKA) -- PNC Bank has announced an agreement to buy the U.S. operations of the Spanish bank BBVA.

The $11.6 billion deal creates the nation's fifth largest bank by asset size.

BBVA has more than 600 branches in 7 states form California to Florida.

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