E William Parsley III

Treasurer and Chief Investment Officer
The PNC Financial Services Group

E William Parsley is treasurer and chief investment officer for The PNC Financial Services Group, Inc. He is responsible for asset and liability management with an emphasis on interest rate risk management and investing PNC’s balance sheet. 

Parsley also serves as the chairman of PNC Capital Markets, Inc., overseeing the firm’s broker dealer activities, and is chairman of PNC Investment Corporation, Inc., managing the firm’s alternative investments.  In addition, he heads PNC’s asset resolution efforts and the Economics group, as well as directs the activities of the company’s regional presidents.

Parsley joined PNC from JP Morgan Chase where he was head of its Global Derivative books and co-head of the North American Interest Rate Trading Group. In addition, he held other market-related positions at JP Morgan Chase and has more than 25 years of experience in the financial service industry, with specific expertise in managing interest rate and currency risks. 

Parsley graduated Summa Cum Laude from Boston College School of Management with a degree in finance and computer science.