BB&T, SunTrust to Combine in $66 Billion All-Stock Deal

The transcript discusses the dynamics of bank mergers, focusing on revenue impacts, trends among mid-size banks, and strategic challenges. It highlights the importance of mergers for growth and competition, especially in acquiring new assets and scaling operations. The conversation also touches on regulatory pressures and the strategic moves of banks like BB&T and SunTrust.

What is the typical percentage of revenues taken out over three or four years when two large banks merge?

Why are mergers among smaller and midsize banks happening now according to the text?

What challenges do smaller banks face in completing mergers?

How are the recent mergers described in terms of their nature (e.g., diversifying, scaling)?

What is the significance of the asset size mentioned in the context of the mergers?