Black farmers association asks Fed to reject SunTrust, BB&T merger
Story Date: 3/25/2019

 

Source: TRIAD BUSINESS JOURNAL, 3/22/19


An organization that represents tens of thousands of black farmers is urging the Federal Reserve Board of Governors to reject the proposed merger of SunTrust Banks Inc. and BB&T Corp. The National Black Farmers Association says it is against the $66 billion merger, which would create the nation’s sixth-largest bank that would be headquartered in Charlotte.

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