ibtimes.co.uk
SunTrust, BB&T Bank Merger Is Biggest In 10 Years, All-Stock Deal Worth $66B
It is the marriage season in the American banking sector. The good news is that the first time after the financial crisis in 2007-2009, a mega banking merger has been announced. The all stocks merger between SunTrust Bank and BB&T Corp will create America's sixth-biggest commercial bank.