SunTrust

Regional banks must merge to meet tech challenges

03/19/19

As competitive pressures mount for midsize banks, more institutions are likely to follow the lead of BB&T-SunTrust and amass more resources for investing in AI, digital platforms and other cutting-edge technologies.

[more]

BB&T-SunTrust back story, Citi and JPM vs. fintechs, CECL trouble: Top stories of the week

03/15/19

BB&T-SunTrust deal came together with remarkable speed; Citi and Chase take on fintechs at their own game; CECL spells trouble for small banks, consumers; and more from this week’s most-read stories.

[more]

Fed, FDIC to hold public meetings on BB&T-SunTrust deal

03/14/19

The Federal Reserve and Federal Deposit Insurance Corp. will hold two public meetings on BB&T's planned purchase of SunTrust to consider the deal's impact on the U.S. banking system

[more]

BB&T-SunTrust seek FDIC as primary federal regulator

03/12/19

The combined bank would be chartered in North Carolina, with the FDIC serving as its lead federal regulator, N.C. Banking Commissioner Ray Grace says. The merger partners had other options, including the Fed and the OCC.

[more]

GreenSky teaming with Amex to offer home improvement loans

03/05/19

The Atlanta company, which reported fourth-quarter results Tuesday, will test the partnership in five cities as part of an ongoing effort to add new sources of revenue.

[more]

Name game: Rebranding BB&T-SunTrust fraught with risk

03/04/19

The banks have no choice but to pick a new name, marketing experts say, but good luck: The best ones may already be taken, made-up names can sound forced, and any change might nudge more customers to rethink their loyalties.

[more]

Why small banks can’t keep up; Vanguard steps back

03/04/19

Community banks can’t afford the digital banking services customers demand; Vanguard's "banklike" cash management service couldn't match banks' offerings.

[more]

Dimon's Square envy, simplified bank switch, still more BB&T-SunTrust: Top stories of the week

03/01/19

JPMorgan's Dimon: Square innovated where we should have; this company simplifies bank switching (and banks pay for it); BB&T-SunTrust deal has Atlanta banks licking their chops; and more from this week's most-read stories.

[more]

'Can't trust these career regulators': Comments of the week

02/28/19

Readers weigh in on Democrats' call for more scrutiny of the BB&T-SunTrust merger, changes to the CFPB's payday lending rule, criticism of Square's ILC application and more.

[more]

Who will regulate BB&T-SunTrust?

02/27/19

With the two companies said to be still mulling which charter to seek, the various options each have possible advantages and drawbacks.

[more]