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Biggest 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.
Source: CNBC - 🏆 12. / 72 Read more »
There's one big reason behind the biggest bank merger in a decade: TechnologyBanks like SunTrust and BB&T are looking to compete with the top banks on technology spending, while facing pressure from fintech. Lack of anti-trust enforcement. 😍 2019 😍 Those who are working in this administration.
Source: CNBC - 🏆 12. / 72 Read more »
These 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
Source: CNBC - 🏆 12. / 72 Read more »
Wall Street banks face hurdles as they rush to cover the suddenly booming marijuana industryGoldman Sachs' star beverage analyst was hoping to research the cannabis industry — that is, until she ran into the brokerage's firewall. GROW YOUR OWN! ❤️😉😜 With full legalization at the Federal level, this would no longer be an issue. Just make it legal on the federal level, tax it and move on.
Source: CNBC - 🏆 12. / 72 Read more »
'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
Source: CNBC - 🏆 12. / 72 Read more »
BB&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.
Source: USATODAY - 🏆 100. / 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 »