SunTrust

PNC not interested in bank acquisitions, CEO says

09/11/19

The Pittsburgh company is sticking with its plan to grow though expanded lending and branch openings in new markets, William Demchak told investors and analysts Wednesday.

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BB&T-SunTrust branch sale, GSE overhaul, CFPB's payday rule: Top stories of the week

09/06/19

Next up for BB&T-SunTrust: deciding where to unload branches; how the Trump administration would reform Fannie Mae, Freddie Mac; why the CFPB's payday rule is in the hands of a Texas judge; and more from this week's most-read stories.

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Next up for BB&T-SunTrust: Deciding where to unload branches

09/04/19

The banks, which plan to merge as Truist Financial, are expected soon to start selling hundreds of branches in the Southeast to satisfy antitrust concerns and increase efficiency.

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Pacific Mercantile hires regional banker as its CEO

08/30/19

Brad Dinsmore, who will also serve as the California company's president, once was in charge of several key lines at SunTrust, including consumer banking and private wealth management.

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Truist out to prove it can best the megabanks in tech

07/30/19

To combat the notion that regional banks’ tech offerings are inferior, the combined BB&T-SunTrust will have to go “toe-to-toe” with big banks, BB&T chief Kelly King said ahead of shareholder approval of the deal Tuesday.

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House lawmakers go light on BB&T-SunTrust merger

07/24/19

The deal cleared another key hurdle as Financial Services Committee members showed little interest in slowing the formation of Truist Financial.

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Inside BB&T-SunTrust’s community reinvestment plan

07/22/19

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

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Truist won't be too big to fail: BB&T's Kelly King

07/18/19

Ahead of a House hearing to examine his company's proposed merger with SunTrust, King tried to downplay regulatory concerns.

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SunTrust is latest bank to halt financing of private prisons

07/08/19

SunTrust, the lender merging with BB&T, said it won't provide future financing to companies that manage private prisons and immigration holding facilities.

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The weak underbelly in bank M&A this year

07/05/19

Set aside the large BB&T-SunTrust merger pact, and most deal metrics were way down in the first half of 2019.

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