And that was the goal.
"Our desire is to be in the top five in the markets which we serve," BB&T President Ricky K. Brown said in an interview. "It was very nice from the perspective of a Maryland growth opportunity."
If approved by regulators, the deal announced earlier Wednesday between Winston-Salem, N.C.-based BB&T (NYSE: BBT) and Lititz, Pa.-based Susquehanna (NASDAQ: SUSQ) would move BB&T closer to being the fourth-largest bank in the Baltimore market — it would trail Wells Fargo Bank for that position by less than 2 percentage points.
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2 comments:
No problem. I refuse to put my money in any Corporation Bank. My faith is with local banks run by local people in my community and Credit Unions.
None of them any good.
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