BBampTSunTrust merger may be defensive

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CNBC's Wilfred Frost reports on BB T's $28.24 all-stock acquisition of SunTrust Banks. The companies called it a merger of equals, valued at $66 billion. The combined company will be the sixth-largest U.S. bank based on assets and deposits. • » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC • About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. • Connect with CNBC News Online • Get the latest news: http://www.cnbc.com/ • Find CNBC News on Facebook: http://cnb.cx/LikeCNBC • Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC • Follow CNBC News on Google+: http://cnb.cx/PlusCNBC • Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC • • #CNBC

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