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

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

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

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

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

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 😍

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in PT

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

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.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

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
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

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.
Fonte: USATODAY - 🏆 100. / 63 Consulte Mais informação »

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 🤣
Fonte: cnnbrk - 🏆 393. / 55 Consulte Mais informação »

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.
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »

'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
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »