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FDIC Federal Register Citations PNC Financial
Office of the Comptroller of the Currency Jennifer J. Johnson, Secretary Robert Feldman, Executive Secretary Re: Joint Notice and Request for Comment on Country Exposure Report/Country Exposure Information Report (FFIEC 009 and FFIEC 009a Reports) Ladies and Gentlemen: PNC Financial Services Group, Inc, (PNC) appreciates the opportunity to comment on the proposed revisions to the Country Exposure Report and the Country Exposure Information Report, collectively, the FFIEC 009 Reports by the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Board), and the Federal Deposit Insurance Corporation (FDIC), collectively, the Agencies. The PNC Financial Services Group, Inc. is one of the largest diversified financial services organizations in the United States with $83.4 billion in total assets as of March 31, 2005. Our major businesses include community banking, corporate banking, real estate finance, asset-based lending, wealth management, asset management and global fund services. PNCs lead bank, PNC Bank National Association, Pittsburgh, Pennsylvania, has branches in Indiana, Kentucky, New Jersey, Ohio, Pennsylvania and most recently, the District of Columbia, Virginia and Maryland. PNCs concerns relative to the proposed changes to the FFIEC 009 Reports relate to timing. PNC recommends to the Agencies that the effective date of reporting changes to the FFIEC 009 Reports be delayed from September 30, 2005 to March 31, 2006 based on the following rationale:
Thank you for considering the concerns expressed in this letter. If you have any questions or are in need of any further information, please contact one of us. Sincerely yours, Patricia J. Jablonski |
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Last Updated 07/07/2005 | Regs@fdic.gov |