WASHINGTON Aug 23 The U.S. Federal Reserve said
on Friday it would not object to a new 2013 capital plan
submitted by BB&T Corp, after the bank's initial plan
was rejected earlier this year.
The biggest banks must submit plans to buy back shares or
pay dividends to shareholders to the Fed each year as part of
regular tests of the firms' health.
In March, BB&T said the Fed objected to its capital plan
based on qualitative concerns that the bank said were not
related to its "capital strength, earnings power or financial
condition." The bank was required to submit a new plan under Fed