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Ongoing troubles in Europe could force another bank there to sell off a key U.S. holding.
November 28
BB&T in Winston-Salem, N.C., could be looking to add to its holdings in the Sunshine State.
The $183 billion-asset company is among several banks said by analysts to be in the running to buy City National Bank of Florida, the Winston-Salem Journal
The $4.3 billion-asset City National
Other banks said to be considering a bid for City National include PNC Financial (PNC), Bank United (BKU) and Toronto-Dominion Bank (TD).
Representatives for BB&T, BankUnited, PNC, Toronto-Dominion and City National all declined to comment on the report.
Bankia bought City National in 2008 for $1.1 billion. City National has 26 branches in Florida.
In an
In July, BB&T