CNBCのインスタグラム(cnbc) - 2月8日 01時40分


There’s a new bank on Wall Street. BB&T is set to buy SunTrust Banks for about $28 billion in a “merger of equals” that will operate under a new name which has yet to be released. This deal will create the sixth largest U.S. lender since the 2007-2009 financial crisis.

The new company will have around $442 billion in assets, $301 billion in loans and $324 billion in deposits, and will rival U.S. Bancorp that has about $467 billion in assets.

Wall Street's been expecting a wave of dealmaking in the banking sector since changes in the U.S. tax laws have lowered corporate tax and freed up capital. Also, the Trump administration is pushing for easing crisis-era regulations which restricted expansion and added increased regulatory scrutiny on big banks.

You can read more on the deal and how your shares may be affected, at the link in bio. *
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#SunTrust #BB&T #BigBanks #WallStreet #Deal #DealMaking #2008 #StockMarket #stocks #dollar #USD #business #MarketData #data #investing #portfolio #TraderTalk #money #trading #wealth #WallSt #banks #loans #StudentLoans #BusinessNews #CNBC


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