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Banking and Finance

BB&T Funds renamed

A subsidiary of BB&T Corp., which operates banks in the Charlotte area, said the BB&T Funds have been renamed Sterling Capital Funds. The decision to change the fund family name follows the Oct. 1 merger with BB&T Asset Management Inc. with Sterling Capital ...

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BB&T net income up 12 percent in 4Q

BB&T Corp. said today it had fourth-quarter 2010 net income of $208 million, or 30 cents per share, up 12 percent from $185 million, or 27 cents per share, during the fourth quarter of 2009. The Winston-Salem-based company, which has banks ...

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