Thursday, October 17, 2019

BB&T and SunTrust: Momentum building for merger to create Truist

BB&T Corp. (NYSE: BBT) and SunTrust Banks Inc. (NYSE: STI) reported Thursday they are making good progress on their merger to create Truist, which will be headquartered in Charlotte. The banks say they have named approximately 75% of the leadership roles for the Truist organization, and 8,000 employees have accepted Truist positions. "We continue to make significant progress laying the groundwork for our exciting merger of equals with SunTrust," said BB&T chairman and CEO Kelly S. King. SunTrust…


from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2019/10/17/bb-t-and-suntrust-momentum-building-for-merger-to.html?ana=RSS&s=article_search

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