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NEW YORK - Community Capital Technology Inc. announced Wednesday the appointment of Charlotte McLaughlin, former President and CEO of PNC Capital Markets LLC, to its Board of Directors.
McLaughlin, who recently served as Vice Chairman, C&IB FIG at PNC Financial Services Group (NYSE:PNC), brings over three decades of financial services experience to the loan marketplace platform. She is also a strategic investor in the company.
During her tenure at PNC, McLaughlin led the launch of the PNC Asset Exchange, a digital marketplace platform powered by Community Capital’s technology that helps financial institutions optimize loan portfolios. According to InvestingPro data, PNC has demonstrated strong financial performance with $21.2 billion in revenue and a healthy return on equity of 12% in the last twelve months.
"I am thrilled to join the Board of Directors of Community Capital at such an important juncture in its growth journey," McLaughlin said, according to the company’s press release.
Community Capital operates an enterprise loan marketplace and analytics platform that facilitates buying, selling, participating, and originating loans across various asset types. The company aims to provide financial institutions with tools to manage balance sheet risk and access liquidity solutions.
Tom Mann, Chairman of the Board, said McLaughlin brings "extraordinary professional achievements and unmatched market wisdom" to the company.
McLaughlin was previously recognized as one of the Most Powerful Women in Finance by American Banker.
The appointment comes as Community Capital works to expand its marketplace and strengthen partnerships with financial institutions. The company stated that McLaughlin will help shape its development of advanced analytics and AI strategies. InvestingPro analysis suggests PNC is currently undervalued, with 12 analysts revising their earnings estimates upward for the upcoming period. For detailed insights and additional ProTips about PNC’s valuation and growth prospects, investors can access the comprehensive Pro Research Report, available exclusively on InvestingPro.
In other recent news, PNC Financial Services Group reported strong second-quarter results for 2025, exceeding expectations with an earnings per share of $3.85 against a forecast of $3.55. The company also surpassed revenue forecasts, reporting $5.66 billion compared to the expected $5.61 billion. These results come alongside PNC’s announcement of its acquisition of FirstBank for $4.125 billion, a deal structured as 70% stock and 30% cash, which expands PNC’s presence in Colorado and Arizona. Following this acquisition, HSBC raised its price target for PNC Financial to $219.00, maintaining a Buy rating. Piper Sandler also adjusted its price target to $211.00, keeping a Neutral rating, after PNC’s presentation at an industry conference. Additionally, Oppenheimer upgraded PNC Financial’s stock rating to Outperform, setting a price target of $238.00, citing a positive growth outlook. These developments reflect significant investor interest and strategic growth initiatives by PNC Financial.
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