BB&T will buy SunTrust Banks for about $28 billion in an all-stock deal, the companies said on Thursday.
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Merck named the best pharma stock by Bank of AmericaBank of America named Merck its top pick among the many U.S. pharmaceutical stocks thanks to the growing success of its key cancer drug.
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Deutsche Bank in Late 2016 Raced to Shed Loan It Made to Russian Bank VTBDeutsche Bank raced in 2016 to shed a loan it had made to VTB Group that raised concerns inside the German lender about exposure to Russia, according to documents and people familiar with the matter.
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BB&T And SunTrust To Merge, Forming 6th-Largest Bank In The U.S.The new bank would have its headquarters in Charlotte, N.C. Both of the banks are calling it a 'merger of equals,' but the deal is weighted toward BB&T, whose CEO will be in charge.
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BB&T and SunTrust will merge to make nation’s sixth largest bankThe $66 billion, all-stock deal reflects the growing consolidation in the banking industry.
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Regional banks BB&T, SunTrust join to create $66B operatorATLANTA (AP) — Southern regional banks BB&T and SunTrust are combining in an all-stock deal to create a new bank valued at about $66 billion. The banks said Thursday that the combined company will be the sixth-largest U.S. bank based on assets and deposits. It will have approximately $442 billion in assets, $301 billion in loans and $324 billion in deposits serving more than 10 million households.
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This no-fee Bank of America credit card now offers 3% cash back in the category you chooseBank of America's popular cash-back credit card lets users get 3% back in whatever bonus category they choose, plus 2% back at grocery stores.
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A $2.8 trillion investment chief at Bank of America reveals the worrying trend he thinks will define investing for the next 20 years — and explains how traders can still crush the marketInvestors need to change their habits for the market environment we're entering, Bank of America's Chris Hyzy says.
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