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As the financial giant quickly became one of Denver's most dominant banks through the deal, it said it conducted a careful review of its workforce roles to identify overlaps.
The largest private bank headquartered in Colorado was acquired by a national name in a $4.1 billion deal earlier this year, but it was not immediately made clear what that would mean for local employees. Now, Pittsburgh-based PNC Bank has revealed that hundreds of FirstBank workers would face layoffs as it integrates the local brand under its banner. Our reporting this week reveals what we know so far. Read Story.
As the financial giant quickly became one of Denver's most dominant banks through the deal, it said it conducted a careful review of its workforce roles to identify overlaps.
