Truist Financial

Truist innovation lab will put customers at center of product development

01/07/20

Clients will have an active role in testing new products and services at the regional giant formed by the merger of BB&T and SunTrust, says Chairman and CEO Kelly King.

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Truist fights credit union's claims of copyright infringement

12/18/19

The company created by the BB&T-SunTrust merger said that Truliant Federal Credit Union does not own the trademark rights to names beginning with the prefix "tru."

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What Truist pressure? Regionals insist they're in no rush to merge

12/10/19

BB&T and SunTrust showed that big-bank mergers are still possible, but top executives at other large regional banks say that a knee-jerk response would be a mistake.

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Truist rising: With megamerger done, pressure on to deliver

12/09/19

Cost cutting and systems integrations are short-term priorities, but over time CEO Kelly King and his heir apparent, Bill Rogers, will have to exploit the combined BB&T-SunTrust's revenue potential and prove the biggest post-crisis merger was a good idea.

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Warren releases plan to overhaul bank merger approval process

12/04/19

Sen. Elizabeth Warren introduced a bill to require CFPB approval for certain bank merger applications in the wake of regulators' approval of a deal between BB&T and SunTrust.

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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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