The BB&T - SunTrust merger checks two boxes: Expense Savings and Scale.
But this merger has broader implications than near-term EPS improvement.
The merger addresses two forces transforming the banking industry: A looming Talent Crisis and a radical shift in how banks use Big Data and technology.
Other regional banks should view this merger as a wake-up call. More mergers are inevitable because the banking industry has a serious talent challenge on the horizon.