August 23, 2013
Federal Reserve announces that it has not objected to a re-submitted capital plan from BB&T Corporation
For immediate release
The Federal Reserve on Friday 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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