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Truist Financial Corporation is an American bank holding company headquartered in Charlotte, North Carolina. The company was formed in December 2019 as the result of the merger of BB&T (Branch Banking and Trust Company) and SunTrust Banks .
- December 6, 2019; 3 years ago (as Truist)
- Public
BB&T Corporation (previously known as the Branch Banking and Trust Company) was one of the largest banking and financial services firms in the United States, based in Winston-Salem, North Carolina. In 2019, BB&T announced its intentions to merge with Atlanta -based SunTrust Banks to form Truist Financial , which retains BB&T's stock price ...
- 1872; 151 years ago
- Banking
- Alpheus Branch, Thomas Jefferson Hadley
- Subsidiary
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Jun 12, 2019 · BB&T Corp. and SunTrust Banks Inc. said Wednesday they will adopt the name Truist Financial Corp. when they close their merger, the biggest bank deal since the financial crisis. The companies...
- Allison Prang
Jun 12, 2019 · Janna Herron. USA TODAY. 0:05. 0:35. BB&T Corp. and SunTrust Banks will be rechristened Truist Bank once the merger of the two companies is completed, they said Wednesday. The deal,...
- Janna Herron
- Personal Finance/Real Estate Reporter
Nov 19, 2019 · NEW YORK (AP) — The Federal Reserve and the Federal Deposit Insurance Corp. on Tuesday approved the $66 billion merger between BB&T and SunTrust, clearing the last hurdles in creating the sixth-largest bank in the U.S. The combination of BB&T Corp., which is based in Winston-Salem, North Carolina, and Atlanta-based SunTrust Banks Inc. is the ...
Dec 9, 2019 · In one of the biggest banking deals in over a decade, BB&T Corp and SunTrust Banks have merged to form Truist Financial Corp. The “merger of equals” all-stock deal, announced in February,...
Feb 7, 2019 · BLOOMBERG NEWS. 06:58 AM ET 02/07/2019. BB&T Corp. ( BBT) and SunTrust Banks plan to combine in an all-share deal valued at about $66 billion in the biggest global bank merger for more than a...
