The PNC Financial Services Group, Inc. (PNC) is a diversified financial service company. The Company is engaged in four business segments: retail banking, corporate and institutional banking, BlackRock, and Global Investment Servicing. In 2009, PNC focuses on adding three more segments: Residential Mortgage Banking, PNC Asset Management Group and Distressed Assets Portfolio. During the year ended December 31, 2008, the Company consisted of three domestic subsidiary banks, including their subsidiaries, and approximately 79 active non-bank subsidiaries. On December 31, 2008, the Company completed the acquisition of National City Corporation. Prior to the National City acquisition, PNC had businesses engaged in retail banking, corporate and institutional banking, asset management, and global investment servicing, providing many of its products and services nationally and others. PNC also provided certain investment servicing internationally.