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House Financial Services Chairwoman Maxine Waters said the merger is a direct result of a regulatory relief bill that was signed into law in May.
February 7
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SunTrust’s merger with BB&T is the largest bank deal since the financial crisis, and mortgages will play a critical role in the execution of this transaction.
February 7
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The stars aligned for the two longtime rivals to join forces, and some observers speculate that other regional banks will need to strike similar partnerships if they hope to remain competitive. But others say such deals are rare because they're hard to pull off.
February 7
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The House Financial Services Committee is hiring a Senate lawyer with deep experience conducting complex investigations to help run its upcoming probe of Deutsche Bank, according to people briefed on the matter.
February 7
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The comptroller of the currency also addressed, in his role as acting FHFA head, whether Congress or the Trump administration will spearhead GSE reform.
February 7
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BB&T and SunTrust would be able to go toe to toe with the industry's heavyweights.
February 7
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The Lake Mary, Fla.-based shop will also convert to a state charter and plans to drop the phase "credit union" from its name.
February 7
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The merged bank would set up an innovation and technology center in Charlotte as part of its bid to compete better against the largest institutions and fintech startups.
February 7
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The combined bank will move into a more demanding supervisory class under the Fed’s regime, but analysts also see a regulatory upside from the deal.
February 7
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As if cryptocurrencies haven’t been through enough already, they may be poised for yet another leg down.
February 7
