north carolina

Three takeaways from regulators' approval of the BB&T-SunTrust merger


The smooth and relatively short process should be encouraging to other big banks that are eyeing deals. But their window of opportunity may not last long.


It's a seller's market in the Carolinas


United Bankshares in West Virginia was willing to pay a healthy premium for Carolina Financial, one of a dwindling number of available banks with more than $4 billion in assets.


United in W.Va. to make big Carolinas push with latest bank deal


The company will pay $1.1 billion for Carolina Financial in Charleston, S.C., in a deal that will add nearly $5 billion in assets.


First Horizon to buy 30 branches as part of BB&T-SunTrust divestiture


BB&T and SunTrust had to sell the branches to get Justice Department approval, marking a big step towards closing their merger.


BB&T-SunTrust merger closing could slip into 2020


The companies say they're working hard to complete their deal this year — including spending millions on retention payments and other items — but there's no guarantee how quickly regulators will make their decisions.


North Carolina bank has a new headquarters and brand


Sound Bank is now Dogwood State Bank after its sale to an investor group. The buyers also moved Dogwoods State's corporate offices from eastern North Carolina to the state's capital.


First Citizens announces strategic acquisition in Georgia


The North Carolina company agreed to buy the much-smaller Community Financial Holding.


North Carolina group switches plan from de novo to M&A


Skip Brown, an executive with the the Winston-Salem Banking Group, says it has signed a letter of intent to buy a community bank three months after withdrawing a charter application.


Why Senate Republicans are sitting out pot banking fight


The 2020 election is shaping up to be a key yardstick for legislation expanding cannabis firms’ financial services access.


Inside BB&T-SunTrust’s community reinvestment plan


Will the new commitment, which is 5% over what the banks have reinvested recently on their own, assuage advocacy groups' concerns about the merger?