Fed, FDIC clear BBT-SunTrust merger, creating sixth-largest US bank
The Federal Reserve Board and the Federal Deposit Insurance Corp. (FDIC) announced Tuesday their approval of the merger of BBT Corp. and SunTrust Banks. Inc. into what will be known as Truist Bank.Once the merger is finalized, Truist will…
Fed, FDIC clear BBT-SunTrust merger, creating sixth-largest US bank
The Federal Reserve Board and the Federal Deposit Insurance Corp. (FDIC) announced Tuesday their approval of the merger of BBT Corp. and SunTrust Banks. Inc. into what will be known as Truist Bank.Once the merger is finalized, Truist will…