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Risks
1. Unfavorable Regulatory Changes: Laws and regulations governing banks, financial institutions and payments are constantly evolving and creating a potential for unfavorable outcomes for PNC Financial Services.
2. Cybersecurity Risks: As PNC’s services are becoming more digital, they are becoming more vulnerable to cyber-attacks.
3. Interest Rate Risk: Interest rate fluctuations can have an effect on the lending and borrowing ability of PNC and its customers.
4. Competition: PNC faces competition from other large financial institutions as well as new entrants to the financial services industry.
5. Operations Risks: PNC operates in a variety of countries and regions which could open it up to potential risks due to political and economic volatility.