Question: is suntrust going out of business?
Answer: BB&T to buy SunTrust in all-stock deal worth $66 billion that will create the sixth-largest US bank. BB&T will buy SunTrust Banks for $28.24 billion in an all-stock deal. ... The combined company will be the sixth-largest U.S. bank based on assets and deposits. The deal is expected to close in the fourth quarter of 2019.