BB&T wins Federal Reserve approval of 2013 capital plan

theflyonthewall.com

The Federal Reserve announced it has not objected to a re-submitted capital plan from BB&T Corporation. Earlier this year, the Federal Reserve objected to BB&T’s 2013 capital plan based on a qualitative assessment conducted during the annual Comprehensive Capital Analysis and Review. BB&T was required to submit a new capital plan under the Federal Reserve’s regulation.

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