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PR News Wire (Free subscription) | 11/23/2009
WINSTON-SALEM, N.C., Nov. 23 /PRNewswire-FirstCall/ -- BB&T Corporation (NYSE: BBT) ranks highest in mortgage loan origination customer satisfaction, according to a nationwide study released Nov. 12 by J.D. Power and Associates.
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PR News Wire (Free subscription) | 10/30/2009
WINSTON-SALEM, N.C., Oct. 30 /PRNewswire-FirstCall/ -- BB&T Corporation (NYSE: BBT) today said that Chief Executive Officer Kelly King is scheduled to present at the BancAnalysts Association of Boston Inc. conference Thursday, Nov. 5 at 9:15 a.m. EST.
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Market Wire (Free subscription) | 10/29/2009
NOVATO, CA (MARKET WIRE) ClairMail, Inc., the leader in proactive mobile banking and payment solutions, today announced that customer BB&T Corporation (NYSE: BBT) received high marks for its mobile banking offering in recent reports by leading industry analyst firms ABI Research and Javelin Strategy and Research. BB&T, which is among the nation's top 10 largest banks, was awarded the top "A"...
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PR News Wire (Free subscription) | 10/28/2009
WINSTON-SALEM, N.C., Oct. 28 /PRNewswire-FirstCall/ -- The directors of BB&T Corporation (NYSE: BBT) on Tuesday elected K. David Boyer Jr., co-founder and chief executive officer of information services company GlobalWatch Technologies Inc., to the corporate board.
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PR News Wire (Free subscription) | 10/22/2009
ORLANDO, Fla., Oct. 22 /PRNewswire-FirstCall/ -- BB&T Corporation today announced that Jeff Ellison has been named as president of its Mortgage Warehouse Lending Division, which provides short-term financing to mortgage companies.
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SeekingAlpha.com (Free subscription) | 10/20/2009
BB&T Corporation ( BBT ) Q3 2009 Earnings Call October 19, 2009 11:00 am ET Complete Story »
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PR News Wire (Free subscription) | 10/19/2009
WINSTON-SALEM, N.C., Oct. 19 /PRNewswire-FirstCall/ -- BB&T Corporation (NYSE: BBT) today reported $157 million in net income for the third quarter, or $.23 per diluted common share, compared with $362 million, or $.65 per diluted common share, earned during the third quarter of 2008. The third quarter results produced annualized returns on average assets and average common shareholders' equity...
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PR News Wire (Free subscription) | 09/30/2009
CHARLOTTE, N.C., Sept. 30 /PRNewswire-FirstCall/ -- Grandbridge Real Estate Capital LLC, a wholly owned subsidiary of BB&T Corporation and one of the nation's largest full-service commercial and multifamily mortgage banking firms, today announced the following:
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PR News Wire (Free subscription) | 09/03/2009
WINSTON-SALEM, N.C., Sept. 3 /PRNewswire-FirstCall/ -- BB&T Corporation (NYSE: ) today said that Chief Executive Officer Kelly King will present at the Barclays Capital Global Financial Services Conference at the Hilton New York in New York City on Wednesday, Sept. 16, at 10:30 a.m.King's presentation will focus on BB&T's financial performance and corporate strategy.A live audio webcast will...
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Business Wire (Free subscription) | 08/28/2009
NEW YORK--(BUSINESS WIRE)--Fitch Ratings has upgraded and removed from Rating Watch Evolving Colonial Bank's deposit ratings, which were originally placed on Watch on Aug. 14, 2009, following BB&T Corporation's (BB&T) assumption of all Colonial Bank's deposits. The ratings of Colonial Bank's deposits have been aligned with those of BB&T and subsequently withdrawn. Fitch has upgraded and...
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PR News Wire (Free subscription) | 08/20/2009
Global Consumer originally filed an application with the Federal Reserve Board seeking bank regulatory approval for the acquisition of 1st Commerce Bank, North Las Vegas, and the immediate subsequent acquisition of selected Nevada assets, Nevada retail banking offices of Colonial Bank and certain assets of Colonial Bank. Global Consumer also filed an Interagency Bank Merger Act application with the...
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Business Wire (Free subscription) | 08/15/2009
NEW YORK--(BUSINESS WIRE)--Today, Fitch has affirmed the long-term and short-term Issuer Default Ratings (IDRs) of BB&T Corporation (BB&T) and its bank subsidiary, Branch Banking & Trust Company at 'A+' and
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iStockAnalyst.com (Free subscription) | 08/14/2009
Breaking News! Breaking News! The Federal Deposit Insurance Corp (FDIC) has officially seized Colonial BancGroup Inc. (NYSE: CNB) and will sell it to BB&T Corporation (NYSE: BBT) The last time I remember anything like this was back in May ‘09 when Bank United Financial Corporation collapsed due largely to adjustable rate mortgages (ARMs) it had doled out dutifully. And before that, it was...
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SeekingAlpha.com (Free subscription) | 08/14/2009
Rolfe Winkler, CFA submits: FDIC will seize Colonial ( CNB ) and sell its assets to BB&T ( BBT ). This is the largest bank failure since WaMu last fall. Reuters : The Federal Deposit Insurance Corp is taking Colonial BancGroup Inc into receivership and will sell the struggling lender’s branches and deposits to BB&T Corp, Dow Jones said, citing a person familiar with the situation.The...
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BloggingStocks (Free subscription) | 08/14/2009
Filed under: Bad news , Law , Bank of America (BAC) , BB and T (BBT) , Financial Crisis Earlier today, Colonial BancGroup (NYSE: CNB ) fell nearly 12% to 41 cents per share before trading was halted pending a news announcement. As it turns out, the troubled bank is being taken into receivership by the Federal Deposit Insurance Corp. (FDIC), while BB&T Corporation (NYSE: BBT ) will acquire all...