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$66bn US bank merger ups ante on rivals to consolidate

Deal between BB&T and SunTrust highlights benefits of scale in digital world

BB&T and SunTrust
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The biggest US bank deal since the financial crisis will heap pressure on America’s mid-sized lenders to find merger partners, industry executives, investors and analysts say. Consolidation among the scores of US regional banks has been long predicted, but financial, regulatory and cultural realities have kept big deals at bay in the decade since the…

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