From Bill Chappell: BB&T and SunTrust have agreed to merge into a new and as-yet-unnamed bank, in an all-stock deal valued at approximately $66 billion. The new bank, which would have its headquarters in Charlotte, N.C., will be the sixth-largest in the U.S. based on assets and deposits.
From BlackRock: The Trump administration is promising to cut financial deregulations. Heidi Richardson discusses why this could help regional banks in particular.
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“The Congressional Oversight Panel released its monthly oversight report yesterday and the findings are not all that optimistic for regional banks. The report specifically noted
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