Computershare Limited, a financial services provider for the global securities industry, has acquired the transfer agent business of National City Bank, a subsidiary of The PNC Financial Services Group.

National City is a provider of transfer agent services to approximately 155 companies and their 500,000 registered shareholders. The acquisition of National City's transfer agent business will extend Computershare's diversified client base with additional small- to large-cap companies, including several notable brands represented on all three major stock exchanges and on industry lists such as the Fortune 100.

National City currently serves stock transfer clients from its Cleveland location where Computershare also maintains an office. Both companies will work closely together to seamlessly transition client servicing between the two locations.