BB&T Insurance Holdings News

BB&T, SunTrust to Rebrand as Truist; North Carolina Headquarters Announced

BB&T Corporation and SunTrust Banks, Inc., will rebrand as Truist after the two companies combine through their planned merger, announced earlier this year. According to the companies, Truist will be the sixth-largest U.S. bank holding company serving more than 10 …

SunTrust and BB&T Banks to Merge

SunTrust Banks and BB&T Corp. announced that both companies’ boards of directors have unanimously agreed to merge the two financial services firms in an all-stock merger of equals valued at approximately $66 billion. The combined company will be the sixth-largest …

BB&T Insurance to Acquire Regions Insurance Group

BB&T Insurance Holdings, which is owned by financial services firm BB&T Corp., has agreed to acquire another bank-owned insurance broker, Regions Insurance Group, from Regions Financial Corp. No terms were disclosed. Memphis-based Regions Insurance is a mostly retail insurance broker …