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%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

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

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

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 😍

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 12. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

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.
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

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
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »

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.
Источник: USATODAY - 🏆 100. / 63 Прочитайте больше »

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 🤣
Источник: cnnbrk - 🏆 393. / 55 Прочитайте больше »

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.
Источник: MarketWatch - 🏆 3. / 97 Прочитайте больше »

'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
Источник: CNBC - 🏆 12. / 72 Прочитайте больше »