Deutsche Bank has profited from advising North Carolina based-lender BB&T throughout a recent buying spree that has already seen it close two deals this summer with a third announced this week.

BB&T announced August 17 that it has reached an agreement to acquire Pennsylvania-based National Penn in a $1.8 billion cash and stock transaction. Earlier this month BB&T closed a deal to buy Susquehanna Bancshares in a $2.6 billion deal. This followed the completion of an acquisition of The Bank of Kentucky Financial Corporation for $397 million in June.