MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
|
|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Wednesday, January 30, 2002 SEC Checks on PNC The Securities and Exchange Commission and the Federal Reserve Board are looking into the accounting practices at PNC Financial Services Group. The bank restated its 2001 earnings, lowering the figure by nearly $155 million after changing how it accounted for bad loans it sold last year. The move comes as investors are more closely tracking accounting. Its auditor is Ernst & Young. Printed from: MFWire.com/story.asp?s=1740 Copyright 2002, InvestmentWires, Inc. All Rights Reserved |