TNT

MountainMole: So they say that 8 is very meaningful to Chinese culture. Tomorrow is 2-8-2019. It’s Iraq, it’s the USA and China Its time for the RV

Wycoffjul: E ure sounds like they are going to RV the Zim and could be still in th​e running, if you haven’t read: https://www.newsday.co.zw/2019/02/monetary-policy-return-of-the-zimdol​lar/

Detailer:  Here’s an interesting YouTube Video talking about Iraq and Iran using Dinar for Oil and Gas Purchases. I don’t believe they would be doing this if the Dinar was Worthless Paper! https://www.youtube.com/watch?v=NxAIIZCJLdg

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BB&T to Buy SunTrust in Biggest Bank Merger in a Decade

By Hannah Levitt   February 7, 2019, 5:11 AM CST

BB&T Corp. agreed to buy SunTrust Banks Inc. in the world’s largest bank merger in more than a decade, betting that a combination will allow them to keep up with bigger rivals in the arms race for new technology.

The $28 billion deal scraps both companies’ names and headquarters, creating an entirely new bank based in Charlotte, North Carolina, with branches throughout the Southeast. It will be the sixth-biggest commercial bank in the U.S. by assets, supplanting PNC Financial Services Group Inc.

Industry executives have long predicted a wave of bank mergers that until Thursday had played out only in smaller or midsize deals. Brian Moynihan, chief executive officer of Bank of America Corp., said last month he could envision the creation of another megabank, given the large number of small players spread throughout the country.

And Ernst & Young said it expects a flurry of transactions this year, fueled by easing regulations and the U.S. tax overhaul, which helped lenders build a war chest to spend on acquiring new clients and technology.

https://www.bloomberg.com/news/articles/2019-02-07/bb-t-and-suntrust-banks-agree-to-combine?srnd=deals

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Wells Fargo Shutdown…is Deutsche Bank Next? (Bix Weir)

RoadtoRoota:   Published on Feb 7, 2019

Wells Fargo is currently offline and everyone is scratching their head as to WHY they don’t have a backup system…hmmm. Maybe it’s a trial run!

https://youtu.be/DK60jeBPXiA?t=1




Category: TNT