Regional banks BB&T and SunTrust in talks on merger of equals

Ciara Linnane - finance.yahoo.com Posted 5 years ago

Regional banks BB&T Corp. and SunTrust Banks Inc. said Thursday their chief executives are discussing a merger of equals. The CEOs, Kelly King of BB&T and William Rogers of SunTrust, said they spoke earlier today at a joint public meeting of the Federal Reserve Board and the Federal Deposit Insurance Corporation on the proposed deal. Shares of both banks were slightly higher in early trade.

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