Regional Bank ETF Boosted By Merger News
February 08, 2019 at 11:33 AM EST
The iShares U.S. Regional Banks ETF (NYSEArca: IAT), which tracks a basket of large regional banks, was trading higher by nearly 2% in midday trading Thursday on news that BB&T Corp. (NYSE: BBT) is acquiring rival SunTrust Banks Inc. (NYSE: STI) in a deal that will create the sixth-largest U.S....
