SunTrust Banks and BB&T combining in merger worth about $66 billion

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 97%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

SunTrust Banks and BB&T combining in merger of equals worth about $66 billion

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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.

It’s never equals. There is always a Sr and Jr.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SunTrust, BB&T to Combine in All-Stock MergerSunTrust Banks and BB&T agreed to combine in a merger of equals valued at about $66 billion. The companies said the all-stock deal would create the sixth-largest U.S. bank in terms of assets and deposits. Huge growth!! I’m pretty sure the combined banks are larger than $66B Wow!!! Having worked in mortgage capital markets at both banks, I can say this is HUGE banking news. Both have unique cultures though. It will be interesting to see this evolve.
Source: WSJ - 🏆 98. / 63 Read more »

European stocks fall, weakened by banks, Daimler; Dassault, CRH rallyEuropean shares were lower on Wednesday as weak results from banks, including BN... 💙
Source: Reuters - 🏆 2. / 97 Read more »