Search results
Results From The WOW.Com Content Network
The merger will pressure other regional banks to consider their own deals, analysts said. U.S. regional lender BB&T Corp said it will buy rival SunTrust Banks Inc for about $28 billion in stock ...
The U.S. Federal Reserve said on Thursday it will hold two public hearings related to BB&T Corp's proposal to acquire SunTrust Banks Inc . The regulator will also extend the public comment period ...
BB&T: Southern National Corp. BB&T: Truist Financial: 1995 Fleet Financial Group, Inc. Shawmut National Corp. Fleet Financial Group, Inc. Bank of America: 1996 Wells Fargo Corp. First Interstate Bancorp: Wells Fargo Corp. Wells Fargo: 1996 Union Bank Bank of California: Union Bank of California: $25 billion Union Bank N.A. 1996 Chemical Banking ...
Truist Financial Corporation is an American bank holding company headquartered in Charlotte, North Carolina. [7] The company was formed in December 2019 as the result of the merger of BB&T (Branch Banking and Trust Company) and SunTrust Banks.
Here are some of the biggest bank mergers and acquisitions in American history. ... Wells Fargo. Wachovia Corp. $15.1 billion. Aug. 28, 1995 ... BB&T and SunTrust (merger of equals)
Truist was formed in December 2019, as the result of a “merger of equals" between SunTrust Bank (of which LightStream was a division) and BB&T. [ 2 ] Debuting in March 2013, LightStream is a financial services technology company that provides unsecured , personal loans to people with good credit rating , through a digital process.
For premium support please call: 800-290-4726 more ways to reach us
He was previously chairman and chief executive officer of Atlanta-based SunTrust Banks. In December 2019, Charlotte-based Truist was created through a merger of equals between SunTrust and Winston-Salem-based BB&T. Truist is currently the sixth largest U.S. bank, and the merger was the biggest bank deal since the 2007–2008 financial crisis ...