PNC 4.00% 48.0¢ pioneer credit limited

The paragraph relatedto PNC is as follows: Mr Kidman singled out...

  1. pq
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    The paragraph relatedto PNC is as follows: Mr Kidman singled out Pioneer Credit, which has come underscrutiny for the way it accounts for its portfolio of purchased debt ledgers. "They have been accounting differently to the industry for a number of years and my bet is that they have bigger issues that have been under-appreciated," he said. So, today's announcement should answer his concern partly or fully. If PNC wants to go to federal court to have a judgement, it must be very serious on this matter.


 
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