There's one big reason behind the biggest bank merger in a decade: Technology

España Noticias Noticias

There's one big reason behind the biggest bank merger in a decade: Technology
España Últimas Noticias,España Titulares

Banks like SunTrust and BB&T are looking to compete with the top banks on technology spending, while facing pressure from fintech.

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

CNBC /  🏆 12. in ES
 

First domino to fall. More to come over the next 6-12 months as other regional banks react...

Those who are working in this administration.

Lack of anti-trust enforcement.

😍 2019 😍

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Biggest bank merger in a decade comes as industry faces 'tough' growth outlookBiggest bank merger in a decade comes as industry faces 'tough' growth outlook'BBT/STI deal an incremental positive for both companies, and is what the sector needs given tougher growth outlook over the near to intermediate term,' Baird analyst David George wrote in a note.
Leer más »

These are the 10 biggest banks in the country now after the BB&T-SunTrust mergerThese are the 10 biggest banks in the country now after the BB&T-SunTrust mergerBB&T's merger with SunTrust Banks will create the sixth largest bank in the U.S. by assets. Here are the others... So the too big to fail banks just keep getting bigger. Nice None of which will give Trump a loan. Bank of America has the most Blockchain patents....BTC Crypto
Leer más »

BB&T, SunTrust announce $66 billion merger, create sixth-largest US bankBB&T, SunTrust announce $66 billion merger, create sixth-largest US bankBB&T and SunTrust are merging to create the sixth-largest U.S. bank in a deal valued at about $66 billion.
Leer más »

BB&T and SunTrust announce $66 billion merger, creating the sixth-largest US bankBB&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 🤣
Leer más »

SunTrust Banks and BB&T combining in merger worth about $66 billionSunTrust 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.
Leer más »

'We control our own fate,' Deutsche Bank exec says amid merger speculation'We control our own fate,' Deutsche Bank exec says amid merger speculationAmid reports of a government-brokered merger with its rival, Deutsche Bank insists its fate is in its own hands. 😂 sure guy
Leer más »



Render Time: 2025-01-14 02:33:41