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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 »
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 »
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 »
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 »
The biggest bank merger in a decade comes as industry faces 'tough' growth outlookThe biggest bank merger in a decade has created a bank worth $442 billion in assets as the banking industry is heading into a difficult environment. 2008? Exclusive Data Entry service
Source: CNBC - 🏆 12. / 72 Read more »
Deutsche Bank, Commerzbank merger talk 'speculation': German finance ministerGerman Finance Minister Olaf Scholz said on Friday he was in talks with banks ab...
Source: Reuters - 🏆 2. / 97 Read more »
BB&T-SunTrust merger signals more bank deals are comingBigger is better, as large regional banks face profit pressures. And let them that fail, fail
Source: MarketWatch - 🏆 3. / 97 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 »
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 »