Additionally, PNC Capital Markets created a specialized team focused on public transportation projects, such as toll roads and bridges, airports and mass transit systems.

Anton Colon will head up the new public finance office. He joined PNC as a director of PNC Capital Markets in September of 2009. Prior to joining PNC Capital Markets, he worked in corporate finance for National City Bank.

The transportation group will be led by John Kelly, managing director at PNC Capital Markets. Mr Kelly has over 28 years of experience, of which 15 years have been dedicated to public finance and transportation.

Thomas Henson, head of public finance for PNC Capital Markets, said: “With the creation of our Michigan office, as well as a dedicated group of transportation experts, we can continue to build customer and community relationships focused on the specific regional and functional needs of our public finance customers.

“The combined teamwork of those on the ground in Michigan, as well as our experts in public transportation, will go a long way towards achieving success and better understanding of the business environments in which our customers work.”