US Bancorp, SunTrust, BB&T Upgraded by Sandler O'Neill Nov 3, 2009
BB&T Corporation (BBT) saw its rating get a boost from sell to hold. Fitzsimmons cited a pull-back in share price that brought it in-line with its target. (Fox News)
BB&T takes over Colonial's spot at AU Aug 28, 2009
WINSTON-SALEM, N.C. - BB&T Corporation announced Thursday it will become the retail banking partner in three Auburn University athletic venues, including Jordan-Hare Stadium, through an agreement with the Auburn ISP Sports Network. It is the first major sports marketing agreement for BB&T in Alabama. (WSJA.com, AL)
BB&T acquires deposits and certain assets of Colonial Bank in FDIC-assisted deal Aug 15, 2009
WINSTON-SALEM, N.C., Aug. 14 /PRNewswire-FirstCall/ -- BB&T Corporation (NYSE: ) late this afternoon said it has acquired the banking operations of Colonial Bank of Montgomery, Ala ... 4 billion in assets, Winston-Salem, N.C.-based BB&T Corporation was the nation's 10th largest financial holding company by assets and operated more than 1,500 financial centers in 11 states and Washington, D.C., at June 30 ... SOURCE BB&T Corporation. (PR Newswire)
BREAKING NEWS: Colonial Bank to be acquired by BB&T Aug 15, 2009
The banking department announced that North Carolina-based BB&T Corporation will acquire Colonial Bank through an agreement with FDIC.. For more information, see Saturday's edition of The Brewton Standard. (Brewton Standard, AL)
Colonial Bank biggest failure in state history Aug 15, 2009
The Federal Deposit Insurance Company (FDIC) was immediately put into receivership over the company 00003FB6 , and it will be sold to BB&T Corporation, a company headquartered in Winston-Salem, North Carolina. BB&T has more than $150 billion in assets and dates back to the mid 1800s. (WSJA.com, AL)
Big banks repay US for capital Jun 18, 2009
Separately, BB&T Corporation said it had repurchased the Treasury's preferred shares, repaying 3. 1 billion dollars. (Yahoo! Asia News)
BB&T announces full over-allotment option exercised in common stock offering May 14, 2009
WINSTON-SALEM, N.C., May 13 /PRNewswire-FirstCall/ -- BB&T Corporation (NYSE: ) announced today that underwriters in BB&T's public offering of 75 million shares of common stock have fully exercised their option to purchase an additional 11 ... SOURCE BB&T Corporation. (PR Newswire)
BB&T announces pricing of common stock offering May 13, 2009
WINSTON-SALEM, N.C., May 12 /PRNewswire-FirstCall/ -- BB&T Corporation (NYSE: ) announced today that it has priced a public offering of 75 million shares of common stock at a price to the public of $20 per share for total gross proceeds of $1 ... SOURCE BB&T Corporation. (PR Newswire)
Which GOP? Powell or Limbaugh? May 12, 2009
The announcements came from Capital One Financial, US Bancorp and BB&T Corporation, each of which were found not to need additional capital under the examinations of 19 large financial institutions, whose results were made public last week. US Bancorp said Monday it would sell $2. (Atlanta Journal-Constitution -- Opinion)
BB&T capital levels exceed stress test requirements May 8, 2009
WINSTON-SALEM, N.C., May 7 /PRNewswire-FirstCall/ -- BB&T Corporation (NYSE: ) said today that its capital levels are more than sufficient and exceed the government's minimum stress test requirements under a "more adverse" economic scenario, according to a report issued by federal regulatory agencies following a rigorous forward-looking examination of the nation's 19 largest financial institutions ... " With $143 billion in assets, BB&T is the nation's 11th largest financial- holding company and... (PR Newswire)
New issue spread tightening to continue as credit markets appear back in favor May 5, 2009
Deals came from BB&T Corporation (NYSE: BBT, A+/A1), Northern Trust Corporation (NASDAQ: NTRS, AA-/A1), and Credit Suisse (NYSE: CS, A+/Aa2). Goldman Sachs (NYSE: GS, A/A1) today issued a USD 2bn non-FDIC 5-year issue, which saw its guidance of 412. (FT.com -- Markets)
US Financial 15 Split Corp.: Financial Results to November 30, 2008 Feb 26, 2009
The Company as at November 30, 2008 was reviewing potential core holding replacements for American International Group and Washington Mutual Inc. In order to provide further diversification during this difficult period, the Company has additional investments in BB&T Corporation, CME Group Inc., Metlife Inc., Regions Financial Corp. and Sovereign Bancorp. One or more of these holdings may be named as a core holding replacement. (CCNMatthews Press Releases)
