SunTrust, BB&T to Combine in All-Stock Merger

Does trump's world hold interest?

A brief history of American banking and financial crises.

Remember “too big to fail”. Anybody? Anybody? yuck BBT SunTrust

Oh groovy. Good times. Here comes another bail out....

question is, do the customers benefit or do fat cats get fatter

Yaaay! A bank 🏦 merger! Cue the usual drivel about “synergy of employees and technology, better serving our customers, a laser focus on the global financial market to anticipate opportunities, and envisioning a greater tomorrow today.” Kokomoschmoe POLIV411 TheEsquire212

This can’t be good for consumers. I see layoffs .

Too big to not fail...

Oh cool. Another big bank. I was hoping this would happen all over again.

Wow. Massive merger Marketcap at $66B... seems our banks are shifting towards the european model

Great! One bank no one did business with combining with the one that has a billion account fraud issues!

The only good that may come from it is hoping that Suntrust brings BBT into the new millineum.

Wonder how this'll affect my SunTrust account...

I actually got to know and even built a cabin for the man who started Sun Trust bank. He was a fair and strong willed person but sadly, even he couldnt beat the affects of Alzheimers. He had started as a teller at Sun bank in Orlando but eventually became the CEO. (Continue)

Does this make McKenzie Bezos the 5th largest bank after the divorce?

The rich gets richer...capitalism at it’s best I guess. WasMyFirstMistake thinking the AmericanDream was for everyone.

It’s even bigger than the banks that were big enough to not fail.

Will there be layoffs? Will branches close?

I don’t like suntrust,look like I will cancel my bbt accounts

AndrewMetri

The Sixth Largest usbank

I feel like is 2006 again. 🤦‍♂️

Facebook is worth $500 Billion, just sayn.

Great! A new bank that’s too big to fail.

Atl lost their bank

I have a Suntrust Account. Do I get more money? 🤔

Monopoly

Wow!!! Having worked in mortgage capital markets at both banks, I can say this is HUGE banking news. Both have unique cultures though. It will be interesting to see this evolve.

I’m pretty sure the combined banks are larger than $66B

Huge growth!!

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

SunTrust Banks and BB&T combining in merger worth about $66 billionIt’s never equals. There is always a Sr and Jr. BB&T did not protect customer account well and was not accountable to loyal customer. I am wondering how this merger of equals with BB&T will gain trust, respect, and loyal support.
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

T-Mobile promises not to raise prices for 3 years if Sprint merger is approvedT-Mobile CEO John Legere told the FCC the wireless provider will not raise prices for three years if its $59 billion merger with Sprint is approved. Why is it I don't believe him? Lmao Why would you even want to raise prices anyway? You have more customers wtf...
La source: USATODAY - 🏆 100. / 63 Lire la suite »

French minister says EU rejects Alstom, Siemens mergerPARIS (AP) — European Union authorities have decided to reject a merger between the rail activities of France's Alstom and Germany's Siemens, the French finance minister said Wednesday. Bruno Le Maire said on France 2 television that he considers the decision to be 'an economic mistake.' The veto on the merger is expected to be formally announced by the EU's competition commissioner later in the day. Le Maire said the ruling will block the creation of a European rail giant that could have competed with Chinese giant CRRC. 'It's going to serve China's economic and industrial interests,' he said. deepakmohoni If it had come true,yellow vest boxer would punch and destroy train.
La source: AP - 🏆 728. / 51 Lire la suite »

EU blocks plan for Alstom-Siemens rail mergerThe European Union blocked the rail deal between Alstom and Siemens on Wednesday, citing competition concerns.
La source: CNBC - 🏆 12. / 72 Lire la suite »

EU competition chief to give news conference on merger cases at 1045 GMTEU antitrust chief Margrethe Vestager will hold a news conference in Brussels co... 💙
La source: Reuters - 🏆 2. / 97 Lire la suite »