BB&T has received regulatory approval to complete its acquisition of American Bancshares for c. $ 2.5bn , expanding its footprint in the mid - Atlantic region . This followed BB&T being granted approval to acquire the Bank of Kentucky last month . Susquehanna Bancshares, a bank holding company, has 3,400 employees. Reports suggest that the approval may also help other regional banks who are considering large acquisitions but have been held up by regulators in recent years .
BB&T has received regulatory approval to complete its acquisition of American Bancshares for c. $ 2.5bn , expanding its footprint in the mid - Atlantic region . This followed BB&T being granted approval to acquire the Bank of Kentucky last month . Reports suggest that the approval may also help other regional banks who are considering large acquisitions but have been held up by regulators in recent years .