BB&T 2008 Annual Report Download - page 13

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and equity research; and facilitates the origination, trading and distribution of fixed-income securities and
equity products in both the public and private capital markets. It also has a public finance department
that provides investment banking, financial advisory services and debt underwriting services to a variety
of regional taxable and tax-exempt issuers. Scott & Stringfellow’s investment banking and corporate and
public finance areas do business as BB&T Capital Markets;
ŠRegional Acceptance Corporation, which specializes in indirect financing for consumer purchases of
primarily mid-model and late-model used automobiles; and
ŠBB&T Asset Management, Inc., a registered investment advisor and the advisor to the BB&T Funds,
provides tailored investment management solutions to meet the specific needs and objectives of
individual and institutional clients through a full range of investment strategies, including domestic and
international equity, alternative investment products and strategies, and fixed income investing.
Services
The primary services offered by BB&T’s subsidiaries include:
Šsmall business lending
Šcommercial middle market lending
Šreal estate lending
Šretail lending
Šhome equity lending
Šsales finance
Šhome mortgage lending
Šcommercial mortgage lending
Šequipment finance
Šasset management
Šretail and wholesale agency insurance
Šinstitutional trust services
Šwealth management / private banking
Šinvestment brokerage services
Šcapital markets services
Šcommercial finance
Šconsumer finance
Šinternational banking services
Špayment solutions
Štreasury services
Šventure capital
Šbankcard and merchant services
Šinsurance premium finance
Šsupply chain management
Špayroll processing
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