trending Market Intelligence /marketintelligence/en/news-insights/trending/5PDVI_phssMskYq_YZFk0A2 content esgSubNav
In This List

BB&T, SunTrust complete merger


Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations


Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


Banks’ Response to Rising Rates & Liquidity Concerns

BB&T, SunTrust complete merger

BB&T Corp. and SunTrust Banks Inc. have completed their merger of equals to officially become Truist Financial Corp., according to tweets posted on both BB&T and SunTrust's accounts.

The new entity, which is headquartered in Charlotte, N.C., will trade at the New York Stock Exchange with the ticker symbol TFC.

Both BB&T and SunTrust said no merger-related changes will take place to deposit accounts or routing numbers for most of their clients as the merger parties work for a smooth transition.

Clients were advised to keep banking as usual, and that their BB&T or SunTrust Debit or ATM cards can already be used at either ATMs to make withdrawals with no ATM fees.

The deal received regulatory approvals in November.