Deal Logic BB&T / SunTrust
- Two regional retail banks merging to become the 6th largest bank in the US sounds very much like inorganic growth. After all, that is how Chemical Bank, Manufacturer's Hanover Trust Company, Chase Manhattan Bank and J.P. Morgan became one of the largest banks in the world today. But an aspect which is more relevant today than ever is inorganic growth enabling organic growth. Scalability applies to technology on the revenue side as well as on the cost side and gives larger banks a crucial competitive advantage. The strategic option of consolidation seems to be something which was long overdue, considering the dynamic market environment.
Author: | Giang Duong, Benjamin Kryut, Patrick Schönherr |
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URN: | urn:nbn:de:hbz:992-opus4-7600 |
URL: | https://www.whufinancesociety.com/deal-logic |
Series (Serial Number): | Deal Logic (2019-03-01) |
Publisher: | WHU Finance Society e. V. |
Place of publication: | Vallendar |
Document Type: | Part of Periodical |
Language: | English |
Date of Publication (online): | 2019/03/01 |
Date of first Publication: | 2019/03/01 |
Publishing Institution: | WHU Finance Society e. V. |
Release Date: | 2019/12/10 |
Tag: | BB&T Corp; Firmenfusion; SunTrust Banks Inc BB&T Corp; Company merger; SunTrust Banks Inc |
Volume: | 2019 |
Issue: | 03-01 |
Page Number: | 6 |
Licence (German): | Copyright for this publication |