Page 14 - Bbt Corp News Today : Breaking News, Live Updates & Top Stories | Vimarsana

 of 2021  The ECB holds its first meeting and press conference of 2021 on Thursday 21st January against a backdrop of heightened stimulus and a warning for governments to not to be too hasty when retightening their post-lockdown belts.  Christine Lagarde, ECB President, has warned to avoid against reacting swiftly against any improvement in economic conditions this year if inflation starts to bite. Speaking on Wednesday 14th January, Lagarde predicted a rebound due to “pent up demand” but said this wouldn’t be enough to warrant a major readjustment in monetary policy as this co...

Truist Financial Corp. plans to resume share repurchases in the first quarter after passing the second round of the Federal Reserve's stress tests for 2020. The bank's board of directors declared Wednesday its intent to repurchase up to $2 billion worth of stock. At Wednesday's closing share price of $47.29, Truist would be able to repurchase 42.3 million shares, or 3.1% of its 1.35 billion outstanding shares. Meanwhile, the board chose to maintain a 45-cent quarterly dividend that the bank began paying in October 2019. Truist said any stock repurchases "will be informed by economic and regul...

Huntington Bancshares to buy TCF Financial for $6 billion BLOOMBERG A Huntington Bank branch Huntington Bancshares Inc. will acquire TCF Financial Corp. in an all-stock deal valued at almost $6 billion, one of the largest regional bank tie-ups this year. The merger will boost Columbus-based Huntington's assets to about $168 billion, nudging it closer to in-state competitors Fifth Third Bancorp and KeyCorp. The price is about 11% higher than TCF Financial's closing level Friday, Dec. 11, according to the company. Huntington, with a market value of $13.1 billion and $120 billion in assets, oper...