Friday, February 26, 2016

Though cooler on bank deals, BB&T sees insurance broker as good buy

Last year was one of the busiest on record for mergers and acquisitions by BB&T Corp., as North Carolina's third-largest bank by statewide deposits announced big deal after big deal and expanded in Mid-Atlantic and Southwest markets. And mid-year, BB&T Chairman and CEO Kelly King was obviously expecting more of the same in 2016, noting that the Winston-Salem-based bank expected to acquire up to $20 billion in assets in 2015. "I feel confident in that same category range for next year," King said…


from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/news/2016/02/26/though-cooler-on-bank-deals-bb-t-sees-insurance.html

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