Recent

% | $
Quotes you view appear here for quick access.

BB&T Corporation Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • nobankersplease nobankersplease Jun 28, 2011 3:29 PM Flag

    Morgan Keegan

    The Capital Markets effort at BB&T is a loss leader at worst; at best its simply a low margin business (when it is supposed to be a high margin business) for shareholders. The only thing they need from MK is to buy the brokers, nothing else has any value. But as any good broker will tell you, he will jump ship for a price, so such an acquisition would be a wasting asset. Also, BB&T last year lost the guts of its Bond desk, which was the only thing that made its Capital Markets sub any money at all.

    I would suspect that at BB&T, they are saying "Gee, we should sell off our capital markets group too, let's wait and see how much Regions gets for MK." Or better, somebody buys MK and then at the same time buys out BB&T's shop.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
BBT
34.83-0.580(-1.64%)May 3 4:01 PMEDT