Regional banks BB&T, SunTrust join to create $66B operator

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BB&T and SunTrust are combining in an all-stock deal valued at about $66 billion. The banks say the combined company would be the sixth-largest in the U.S.

 

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What about suntrust plaza and park

so what’s the Braves stadium going to be called now?

Break up the banks

Sounds legit...

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BB&T And SunTrust To Merge, Forming 6th-Largest Bank In The U.S.The new bank would have its headquarters in Charlotte, N.C. Both of the banks are calling it a 'merger of equals,' but the deal is weighted toward BB&T, whose CEO will be in charge. Wow! BB and the Sunshine Gang Buntrust.
Source: NPR - 🏆 96. / 63 Read more »

BB&T and SunTrust announce $66 billion merger, creating the sixth-largest US bankTwo of the largest US regional banks are joining forces in a bid to compete with the nation's biggest players. what could go wrong Stop tweeting nobody watches you LOL 🤣
Source: cnnbrk - 🏆 393. / 55 Read more »

BB&T And SunTrust To Merge, Forming 6th-Largest Bank In The U.S.The new bank would have its headquarters in Charlotte, N.C. Both of the banks are calling it a 'merger of equals,' but the deal is weighted toward BB&T, whose CEO will be in charge. Wow! BB and the Sunshine Gang Buntrust.
Source: NPR - 🏆 96. / 63 Read more »

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.
Source: MarketWatch - 🏆 3. / 97 Read more »

SunTrust, BB&T to Combine in All-Stock MergerSunTrust Banks and BB&T agreed to combine in a merger of equals valued at about $66 billion. The companies said the all-stock deal would create the sixth-largest U.S. bank in terms of assets and deposits. Huge growth!! I’m pretty sure the combined banks are larger than $66B 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.
Source: WSJ - 🏆 98. / 63 Read more »

Stocks making the biggest moves premarket: SunTrust, BB&T, Twitter, Sonos & moreSome of the names on the move ahead of the open.
Source: CNBC - 🏆 12. / 72 Read more »