BB&T Capital Markets hires Jordan as automotive aftermarket senior equity research analyst

RICHMOND, Va., April 5, 2012  /PRNewswire/ -- BB&T Capital Markets has hired industry veteran Bret Jordan to lead its automotive aftermarket equity research team effective April 5.

Jordan, who has more than 19 years in the automotive aftermarket and consumer and specialty consumer equity research sectors, will assume the firm's broad coverage of industry participants, from suppliers, distributors and retailers to professional installers. 

BB&T is the only full-service capital markets firm with a dedicated automotive aftermarket practice, including research, corporate banking and investment banking. 

"Bret's addition to our team expands our leadership position and provides a rich, in-depth view of the automotive aftermarket sector for our clients," said Patrick O'Shea, head of BB&T's equity capital markets.

Jordan was named 2010 "Top Stock Picker" by Thomson Reuters for the specialty retail/automotive aftermarket sector, is a CFA charterholder and a member of the Association of Investment Management and Research (AIMR) and the Boston Security Analysts Society. He replaces analyst Tony Cristello, who recently assumed a senior position with a BB&T Capital Markets automotive aftermarket client.

About BB&T Capital Markets

BB&T Capital Markets provides a full-spectrum of capital and advisory solutions including M&A advisory, equity and debt underwriting, sales and trading, research, corporate banking and syndicated finance. More information about BB&T Capital Markets is available at http://www.bbtcapitalmarkets.com.

About BB&T

BB&T Corporation (NYSE: BBT) is one of the largest financial services holding companies in the U.S. with $174.6 billion in assets and market capitalization of $17.5 billion, as of Dec. 31, 2011. Based in Winston-Salem, N.C., the company operates approximately 1,800 financial centers in 12 states and Washington, D.C., and offers a full range of consumer and commercial banking, securities brokerage, asset management, mortgage and insurance products and services. A Fortune 500 company, BB&T is consistently recognized for outstanding client satisfaction by J.D. Power and Associates, the U.S. Small Business Administration, Greenwich Associates and others. More information about BB&T and its full line of products and services is available at www.BBT.com.

This news release is neither an offer to sell nor a solicitation of an offer to buy any securities. 

BB&T Capital Markets is a division of Scott & Stringfellow, LLC, member NYSE/FINRA/SIPC. Scott & Stringfellow is a wholly-owned nonbank subsidiary of BB&T Corporation (NYSE: BBT).  Not a deposit, not FDIC insured, not guaranteed by the bank, not insured by any federal government agency and may go down in value.

SOURCE BB&T Corporation

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