The Reason Behind the Biggest Bank Merger in a Decade? Technology.
The Reason Behind the Biggest Bank Merger in a Decade? Technology.
Published On February 07, 2019
BB&T and Sun Trust have combined, creating the sixth largest US bank in the US and the biggest bank merger in a decade. The main driver? Technology.BB&T and Sun Trust have combined, creating the sixth largest US bank in the US and the biggest bank merger in a decade. The main reason for the merger? The banks want to focus on technology and aim to compete with giants like JP Morgan as well as try to stay relevant in a world of startup and mobile banking options.
Read more here.
FREE QUOTE