Truist Financial

BB&T and SunTrust have extra incentive to close deal in '19

11/08/19

Completing the deal before the new year would let the merged company avoid an earnings hit in complying with the Current Expected Credit Loss accounting standard and give it more flexibility on capital adjustments.

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BB&T-SunTrust merger closing could slip into 2020

10/17/19

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.

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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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Cardholder confusion could force issuers to simplify rewards

08/22/19

A J.D. Power official says supplemental benefits — many centered on travel cards — need to be pared down. His comments followed the company’s release of survey data that showed these hard-to-understand benefits were a drag on customer satisfaction.

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The JPM-OnDeck split, Truist's tech plans, Capital One's breach: Top stories of the week

08/02/19

JPMorgan Chase ends business loan partnership with OnDeck; Truist out to prove it can best the megabanks in tech; Capital One's data breach was bad, but it could've been worse; and more from this week's most-read stories.

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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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Truist clears hurdle, new Santander CEO, fintechs' retirement fix: Top stories of the week

07/26/19

House lawmakers go light on BB&T-SunTrust merger; Santander Bank names longtime MUFG Union executive its CEO; the fintechs trying to solve America's retirement problem; and more from this week's most-read stories.

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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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