Regulators approved the biggest bank merger in more than a decade as
The Federal Reserve and the Federal Deposit Insurance Corp. signed off on the deal, according to separate statements Tuesday. They said that BB&T must divest 30 branches and more than $2.4 billion in deposits to mitigate the competitive impact of the deal. The two lenders, to be known as Truist Financial Corp., plan to complete the merger on Dec. 6 and trade on the New York Stock Exchange under the ticker TFC, they said in a