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 States Headlines News

United States Latest News,United States Headlines

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

Source: News Formal (newsformal.com)

 

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 US

United States Latest News, United States Headlines

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

BB&T to buy SunTrust Banks in a $66 billion all-stock dealBB&T said on Thursday it will buy rival SunTrust Banks in an all-stock deal valued at $66 billion, creating the sixth-largest U.S. bank based on assets and deposits. tradnews_ Banks can’t survive alone in the new world APompliano BITCOIN
Source: CNBC - 🏆 12. / 72 Read more »

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 »

For this $270 million fintech start-up, joining forces with banks is a good thingSweden's Tink has picked up fresh capital in a venture round led by Insight Venture Partners, with backing from SEB, Nordea and ABN AMRO.
Source: CNBC - 🏆 12. / 72 Read more »

Breakingviews - Beatup BNP Paribas puts euro zone banks on notice(Reuters Breakingviews) - Bankers in Europe have regularly complained that a ste... 💙
Source: Reuters - 🏆 2. / 97 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 »

Etihad approaches banks for over $500 million for Boeing deliveries: sourcesAbu Dhabi’s Etihad Airways has approached banks to raise over $500 million to fi... 💙
Source: Reuters - 🏆 2. / 97 Read more »

A commission of inquiry reaches a damning verdict on Australia’s banksYet the forced restructuring banks had feared is off the cards Hence We All Should Save Fruit Seeds & Grow Fruit Trees Everywhere Literally and Figuratively Along with School Kids to Sensitize Genext& Grow Globally 46 Billion Fruit Trees/Yr 1% Tree Growth Using Fruit Seeds.!! SEQUESTER NOURISH ENRICH ENLIGHTEN.!! COLLECTIVE EFFORTS.!!
Source: TheEconomist - 🏆 6. / 92 Read more »

Banks weigh whether to embrace or avoid progressive firebrand Ocasio-CortezCourt, avoid or sideline? Financial lobbyists are strategizing how to handle the star power of rookie Democratic lawmaker AOC via michelleprice36 peteschroeder AOC michelleprice36 peteschroeder AOC michelleprice36 peteschroeder Leave her be. Maybe she can handle the bricks possibly tumbling down and has a plan for any such eventuality. No caution needed here. JSmithpolitics1 AOC michelleprice36 peteschroeder Save the Cows!
Source: Reuters - 🏆 2. / 97 Read more »