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SunTrust merger with BB&T receives regulator OK - Atlanta Journal Constitution | FALAH NEWS
Federal bank regulators on Tuesday approved the merger of SunTrust Banks and rival BB&T, removing the final hurdle for the financial giants to merge into the nation’s sixth-largest bank. Atlanta-based SunTrust and Winston-Salem, N.C.-based BB&T announced plans in February to join forces. The combined bank will be based in Charlotte, though Atlanta will retain the corporate …