WINSTON-SALEM, N.C. - BB&T Financial Corp. and Southern National
The "new" Southern National is the nation's 36th largest bank holding
The merged entity, to be based in Winston-Salem, N.C., will be listed on
Former BB&T chairman John A. Allison will serve as chairman and chief
Southern National chairman Glenn Orr is retiring, but will remain a
The transaction will be accounted for as a pooling of interests in which
The Federal Reserve is poised to make several key decisions during the year ahead that will impact monetary policy both in the near term and for years to come.
From embedded finance to artificial intelligence to real-time processing, there are plenty of sources of competition and opportunity in the new year.
The integration of J.P. Morgan's Fusion platform with FactSet aims to give buy-side clients the same level of analytics available to the sell side.
The Treasury Department extended deadlines for businesses to file beneficial ownership information after a court lifted a nationwide injunction on the reporting requirements.
On her way out the door, SBA Administrator Isabel Casillas Guzman issues licenses to four more nondepository lenders.
The Bank Policy Institute, the American Bankers Association and others said proposed changes would address "some if not all" of banks' concerns about stress tests, but they are filing the lawsuit to preserve their legal right to do so.
