Flagstar Bank has named Reginald Davis President of Banking. Davis is a 35-year veteran of the banking industry who most recently served as head of business banking, including small business, at SunTrust, now Truist. At Flagstar, he will be...
Read Story
June 10, 2020, 07:12 AM
|
Truist Financial Corporation announced the completion of the merger of equals between BB&T Corporation and SunTrust Banks, Inc. Truist is the sixth-largest U.S. commercial bank, serving approximately 10 million consumer households and a full range of...
Read Story
December 09, 2019, 07:25 AM
|
BB&T Corporation and SunTrust Banks, Inc., announced Truist as the name for the combined company to be created through their merger of equals. Truist will be the sixth-largest U.S. bank holding company serving more than 10 million households in the U...
Read Story
June 13, 2019, 07:30 AM
|
SunTrust Banks, Inc. and BB&T Corporation announced both companies' boards of directors have unanimously approved a definitive agreement to combine in an all-stock merger of equals valued at approximately $66 billion. The combined company will be the...
Read Story
February 07, 2019, 07:30 AM
|
SunTrust Banks, Inc. announced that Jerome Lienhard will retire as Chief Risk Officer at the end of the year, following an outstanding 40-year career in the financial services industry.Ellen Koebler will succeed Lienhard as Chief Risk Officer...
Read Story
November 02, 2018, 07:20 AM
|
SunTrust Banks announced that Al Kolesar has been named corporate treasurer. He succeeds Kevin Blair who has resigned from the company to pursue other opportunities. Kolesar, who most recently served as leader of Capital Adequacy and Resolution for...
Read Story
July 18, 2016, 08:06 AM
|
New data from the National Center for the Middle Market (NCMM) suggests more than one-quarter of U.S. middle-market companies will decrease business investments in the United Kingdom following the results of the "Brexit" referendum. About the same...
Read Story
July 18, 2016, 07:24 AM
|
According to the annual SunTrust Banks Business Pulse Survey, there is a significant shift in the growth strategies of middle-market and small businesses as they move forward with plans to fuel expansion in the next five years. Thirty-six percent of...
Read Story
March 24, 2016, 07:03 AM
|
The National Center for the Middle Market (NCMM) has announced SunTrust Banks, Inc. as its new primary sponsor. The multi-year agreement will enable the NCMM to continue providing insights and analyses that drive growth, jobs and competitiveness in...
Read Story
March 16, 2016, 07:05 AM
|
SunTrust Banks, Inc. (NYSE: STI) has launched a new Payments & Technology Industry Specialty in Commercial and Business Banking. This creates a unique opportunity to drive an industry focus on companies developing financial technology and digital...
Read Story
February 03, 2016, 07:19 AM
|
Bloomberg reported SunTrust, Apollo Global Management and Ares Management are weighing offers for a General Electric unit that lends to private-equity firms, people familiar with the matter said.Bloomberg reports that concern over possible staff...
Read Story
April 27, 2015, 07:14 AM
|
Eighty-four percent of business owners and top decision-makers in companies with annual revenue of $10-150 million say they are preparing to seek opportunities for growth, according to the annual Business Pulse Survey sponsored by SunTrust Banks, Inc...
Read Story
March 10, 2015, 07:05 AM
|
SunTrust Robinson Humphrey (STRH) announced the alignment of its Technology, Media & Telecom (TMT) Investment Banking Industry Practice Group. The TMT group will leverage market leading industry insight, capital markets expertise and cross sub-sector...
Read Story
March 04, 2015, 06:46 AM
|
The U.S. Small Business Administration (SBA) has named SunTrust Bank a top ten 7(a) lender by dollar volume in fiscal year 2014 (Oct.1-Sept. 30). In just one year, SunTrust rose from number 15 to 10 in the SBA ranking with more than $253.6 million in...
Read Story
December 10, 2014, 06:54 AM
|
Business owners and top decision-makers are more optimistic about their own businesses in 2014 than they are about the overall U.S. economy, according to an annual survey sponsored by SunTrust Banks, Inc. Sixty-five percent of leaders in companies...
Read Story
April 25, 2014, 07:00 AM
|
Capital One Bank announced a further expansion of its Equipment Finance business, with the appointment of 13 new team members. These new professionals average nearly 20 years of experience in banking and equipment leasing and financing, bringing...
Read Story
June 11, 2013, 07:04 AM
|
SunTrust has hired Judith Mencke as Marketing Vice President of the Bank Client Group for SunTrust Equipment Finance & Leasing, the company’s subsidiary that provides essential-use equipment financing for businesses, municipalities, colleges, and...
Read Story
May 08, 2013, 07:00 AM
|
SunTrust has hired Chris Holm as Marketing Vice President of the Direct Client Group for SunTrust Equipment Finance & Leasing, the company’s subsidiary that provides essential-use equipment financing for businesses, municipalities, colleges, and...
Read Story
March 22, 2013, 07:06 AM
|
SunTrust has hired Bob Sommers as Marketing Vice President of the Bank Client Group for SunTrust Equipment Finance & Leasing, the company’s subsidiary that provides essential-use equipment financing for businesses, municipalities, colleges, and...
Read Story
March 13, 2013, 07:15 AM
|
Bloomberg reported the biggest U.S. banks including JPMorgan Chase & Co. and Citigroup Inc. are lending the smallest portion of their deposits in five years. The reports cites data compiled by Credit Suisse Group AG which shows the average...
Read Story
February 21, 2013, 07:29 AM
|
SunTrust has hired Jim Sadowski as Vice President of Healthcare for SunTrust Equipment Finance & Leasing, the company’s subsidiary that provides essential-use equipment financing for businesses, municipalities, colleges, and universities. Sadowski...
Read Story
November 16, 2012, 07:10 AM
|