SunTrust

Truist completes merger to create country’s sixth-largest commercial bank

By: Felipe Rivas 2 min read December 2019 — The banking industry welcomed the nation’s sixth-largest commercial bank earlier this month as regulatory authorities completed the merger between BB&T and SunTrust banks, now officially known as the Truist Financial Corporation. The new bank will be headquartered in Charlotte, North Carolina,

2022-07-11T08:31:44-04:00December 16th, 2019|Aerospace & Aviation, Atlanta, Economy|

Atlanta M&A activity hot in health care, consumer goods, logistics, fintech

Middle-market and small businesses are changing their growth strategies as they move forward with plans to ramp up expansion over the next five years, according to SunTrust Banks Inc. The Atlanta-based bank’s (NYSE: STI) Business Pulse Survey reported 36 percent of middle-market companies with annual revenue of $10 million to