BB&T and SunTrust will merge to make nation’s sixth largest bank

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The $66 billion, all-stock deal reflects the growing consolidation in the banking industry.

 

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Time to switch to a creditunion?

Yeah, that's gonna be a good thing.

I'm the current customer of one of these that not that long ago used to be a little bank. I'm the former customer of the other merging bank. I can't really tell you which of these I've liked least. It's such a toss-up. Ugh. They consume their customers & they also eat each other.

Just what we need, another, more powerful, business oligarchy. Competition is supposed to keep business consolidation in check. That can't happen, when we keep letting business oligarchies eliminate their competitors, by absorbing them.

I like it, it will be power house, if it is approved.

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