trending Market Intelligence /marketintelligence/en/news-insights/trending/fL880wxhI8S5ZmxxFThEMg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

PNC CEO: Bank partnerships with big tech like selling 'yourself to the devil'

COVID-19 Impacts Incumbent Telco Revenues In Western Europe

Disney+ Ditches Free Trials — Will Other Big Streamers Follow Suit?

COVID-19 Pandemic Likely To Cause US Telemedicine Boom

Facebook's Payments Push Will Be Costly, Require Clever Collaboration

PNC CEO: Bank partnerships with big tech like selling 'yourself to the devil'

While some banks are partnering with technology giants to offer banking products, Pittsburgh-based PNC Financial Services Group Inc. is not interested in this customer-acquisition strategy.

When asked if PNC would consider a partnership similar to Alphabet Inc. subsidiary Google LLC's recently announced partnership with Citigroup Inc. and Stanford FCU, CEO William Demchak was opposed.

"I think the moment you put your distribution strategy in the hands of somebody else, it is a mistake. You effectively sold yourself to the devil," he said at a Dec. 10 presentation at the Goldman Sachs U.S. Financial Services Conference.

He likened banks to being the engine and backbone of these partnerships, while the technology company is handed the bank's relationships.

He said PNC's use of financial technology was its own decision and a process it controlled.

"You don't want to get to a place where you don't have that option," he said.