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BB&T completes purchase of BankAtlantic

BB&T completed its purchase of BankAtlantic on Tuesday after passing its final regulatory hurdle in a deal that elevates BB&T’s presence in South Florida and closes the final chapter on a 60-year-old homegrown financial institution. The Federal Reserve Board of Governors and the Federal Deposit Insurance Corp. approved BB&T’s purchase early Tuesday, which gives the […]

Florida: No. 2 in best states to do business

Florida is No. 2 as the “best state to do business.” Gov. Rick Scott probably won’t like that, but Florida did improve from last year. The state rose one spot from 2011 to take the No. 2 ranking in Chief Executive magazine’s annual Best & Worst States survey of chief executives, released Wednesday. Texas was […]