PNC Capital Markets names managing director

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Pittsburgh--PNC Capital Markets, the investment banking division of PNC Bank Corp., has named Timothy Martin as its managing director. Mr. Martin will be responsible for creating and marketing a commercial mortgage backed securities trading desk for PNC Capital Markets. Previously, he was head of Charlotte, N.C.-based First Union's commercial mortgage backed trading desk. PNC Capital Markets focuses on marketing to middle-market growth companies in industries such as media, telecommunications, metals and mining.
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