Industry

PNC Financial Services Group Inc. on Monday said it struck a deal to buy Royal Bank of Canada's U.S. retail banking operations for $3.45 billion.

RidgeWorth Investments has added two additional sales executives to the six it recently hired for its newly created retail channel sales team led by Bob Kuberski, with Michael Reynolds and Mitchell Izumi joining the firm.

Jim Lyday has joined Lincoln Financial Distributors as head of institutional retirement solutions distribution, reporting to President and Chief Executive Officer Will Fuller. In this role, Lyday is responsible for distribution of Lincoln's defined contribution business among mid-to-large employers.

Financial advisors Charles C. Stoner and Eileen Stoner are among the new team members joining UBS in Charlotte, N.C.

Christopher Adams returns to Citi in a new position as managing director of investment finance in the firm’s New York office.

The new hires come as Morgan Stanley Smith Barney continues to trim low-producing financial advisors from its force.

Former New York Banking Superintendent Richard Neiman has joined PricewaterhouseCoopers as vice chairman of the firm's global financial services regulatory practice. Neiman was also a member of the Congressional panel overseeing the implementation of the Troubled Asset Relief Program (TARP).

The New England Patriots winning three Super Bowl trophies is not all about luck and talent. If businesses apply the same team principles, they too can have their share of winning seasons.

Chris Paulitz, who spent more than a decade working as a spokesman and strategic advisor for both House and Senate leadership offices, hired as organization's director of communications and media relations.

AXA Private Equity has signed an agreement to purchase a $1.7 billion portfolio of limited partnership interests in private equity buyout funds and direct stakes in companies from Citigroup.