National City in Talks for Sale: Report

Stock quotes in this article: NCC , PNC , BNS  

National City (NCC Quote), crippled by bad real-estate loans, is in talks with a number of banks about a possible sale, the Wall Street Journal reports.

Among the potential buyers for the regional bank are PNC Financial(PNC Quote) and Toronto-based Bank of Nova Scotia(BNS Quote). PNC declined to comment Wednesday, and Bank of Nova Scotia couldn't be reached.

National City declined to comment, the Journal reports.

Shares of National City closed Wednesday at $2.23.

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