Has the US bank consolidation wave begun?
Two mid-sized American banks are joining forces in a $66bn merger - BB&T and Suntrust. It is the biggest US bank deal since the financial crisis, and analysts say the deal will up the ante on rival banks to consolidate. The FT's Robert Armstro...
Behind the Money · Manuela Saragosa
February 12, 201922m 10s
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Show Notes
Two mid-sized American banks are joining forces in a $66bn merger - BB&T and Suntrust. It is the biggest US bank deal since the financial crisis, and analysts say the deal will up the ante on rival banks to consolidate. The FT's Robert Armstrong and James Fontanella Khan dig into the details of the deal, and what it means for the broader industry.
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