Top local banker retiring early

Article Abstract:

Charles Coltman steps down as vice chairman of First Union Corp after 30 years in the banking business. Coltman is credited with helping build CoreStates Financial Corp. which was acquired by First Union last year. After successful integration of the two companies, Coltman was hoping to head a global marketing initiative which was dropped after company streamlining laid off 1400 Pennsylvania Union Corp employees.

Labor force information, Executive changes & profiles, Financial Holding Companies, Offices of Bank Holding Companies, First Union Corp., CoreStates Financial Corp.

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Juniper planning online banking

Article Abstract:

Wilmington, PA-based Juniper Financial Corp. has used its $114 million from venture capitalists to hire 200 employees and it plans to begin selling banking, insurance, and investments by Web and wireless before Thanksgiving. The company said it will sell everything at competitive prices without a lot of hidden fees.

Strategy & planning, Services introduction, Personnel administration, All Other Information Services, Functions related to deposit banking, Home Banking Service, Home banking, Juniper Financial Corp.

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PNC Bank to conduct campaign to cut costs

Article Abstract:

PNC Bank Corp., has announced cost-cutting measures that would reduce non-customer related expenses and may result in job cutback for some employees but save the bank $200 million.

General services, PNC Financial Services Group Inc., PNC

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