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BB&T shareholders are to own 57% of the combined company. SunTrust investors will receive 1.295 shares of BB&T for each SunTrust share they own, the companies said in the statement.
BB&T Bank customers were unable to use ATMs and digital banking Thursday evening after a problem at the bank. Posted 2018-02-23T10:44:24+00:00 - Updated 2018-02-23T22:39:43+00:00 ...
BB&T CEO and Chairman Kelly King will become CEO and chairman of the new company and its bank subsidiary through Sept. 12, 2021. He will then serve as executive chairman until March 12, 2022, and ...
BB&T is accelerating its expansion in Southeast Florida through the acquisition of a BankAtlantic Bancorp subsidiary with $3.3 billion in deposits, the companies said Tuesday.
Atlanta - Southern regional banks BB&T and SunTrust are combining in an all-stock deal to create a new bank valued at about $66 billion. The banks said Thursday that the merged company will be the ...
The marriage of SunTrust and BB&T received the blessing of financial watchdogs on Tuesday, paving the way for the formation of America’s sixth-largest commercial bank.
The merger between Atlanta-based SunTrust and Winston-Salem, N.C.-based BB&T has been completed, creating the nation’s sixth-largest bank, serving about 10 million consumer households, officials ...
The Winston-Salem-based bank closed on the deal on July 31. After months of planning and navigating regulatory approval, BB&T Corp. has now completed its largest acquisition ever with its purchase ...
BB&T and SunTrust Banks announced that the Hearst Tower at 214 N. Tryon St. in uptown Charlotte, NC, will be the corporate headquarters location for the new bank they plan to form in a merger.