CBJ Morning Buzz: Why closing for BB&T-SunTrust merger could be delayed; Latest attempt to relieve Charlotte traffic congestion; Buffett's Berkshire wants a bigger piece of BofA

Could the merger bringing Charlotte's next bank headquarters be delayed into next year? It's a possibility conceded by BB&T Corp. CEO Kelly King in discussing his company's pending merger with SunTrust Banks Inc. on an earnings call yesterday, according to American Banker. That's because regulatory hurdles remain before the $66 billion deal can close, and King noted those steps are "beyond our control," AB reports. “We feel good about where things stand with the regulators,” the publication…

from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2019/10/18/cbj-morning-buzz-why-closing-for-bb-t-suntrust.html?ana=RSS&s=article_search