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BB&T, SunTrust deal receives final approval from regulators for $66 billion merger - Charlotte Observer | FALAH NEWS
The $66 billion merger between BB&T and SunTrust banks, which would create another financial institution headquartered in Charlotte, received the final blessing from regulators Tuesday. It allows the largest bank merger since the financial crisis to move forward. The Federal Reserve Board and Federal Deposit Insurance Corporation announced they were allowing the merger to progress. …