Item 8.01 Other Events
On May 14, 2021, The PNC Financial Services Group, Inc. ("PNC") issued a press
release announcing it has received regulatory approval from the Board of
Governors of the Federal Reserve System and the Office of the Comptroller of the
Currency to acquire BBVA USA Bancshares, Inc., including its U.S. banking
subsidiary, BBVA USA. The regulatory approval process also included approvals
from the Banking Departments of the States of Alabama and Texas. The planned
acquisition was previously disclosed in PNC's Current Reports on Form 8-K filed
with the Securities and Exchange Commission on November 16, 2020 and November
19, 2020. The transaction is expected to close on June 1, 2021, pending
satisfaction of customary closing conditions. A copy of the press release is
attached as Exhibit 99.1 to this Report.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Number Description Method of Filing
99.1 Press Release dated May 14, 2021 Furnished herewith
104 The cover page of this Current Report on Form 8-K,
formatted in Inline XBRL
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