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Debt Consolidation Loans | Northeast Bank

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US banks tipped to need $86b capital injection

from consolidation as bank deals always slow when credit is... Group, SunTrust Banks, US Bancorp and Wells Fargo. Goldman... for loan losses in the three quarters since the credit crisis...

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Consumer Loans - SunTrust Bank

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9 of the best debt consolidation companies

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BB&T and SunTrust: The Latest Proposed Merger in a Long-Term Trend of Banking Industry Consolidation

This Insight examines industry consolidation in general and the proposed BB&T-SunTrust merger... Both also have a relatively high concentration in loan-making and deposit-taking and a less...

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SunTrust to merge with BB&T and HQ will move to Charlotte

SunTrust Banks, the last great link to Atlanta's past as a national banking power, announced Thursday it will merge with Winston-Salem, N.C.-based rival BB&T t o create the sixth-largest bank in the U.S., in a marriage that will cost Georgia a Fortune 500 headquarters. The combined bank, valued by the companies at $66 billion, will be based in Charlotte and has yet to be named. Atlanta will be home to the new company’s corporate and investment banking, and Winston-Salem will be the company’s community banking hub. ...

SunTrust and BB&T to merge, with headquarters to move to N.C.

Thursday’s stunning announcement is an echo of the bank consolidation waves of the 1980s, 1990s and 2000s, when top Atlanta banks were gobbled up by their North Carolina rivals, diminishing Atlanta’s clout as a banking town and propelling Charlotte among the nation’s financial services capitals. Wachovia, which was later absorbed by Wells Fargo, traces its roots in part to First Atlanta Bank. Bank of America was once known as NationsBank, whose predecessor institutions included C&S/Sovran, a storied Atlanta lender. ...

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