All Posts Tagged With: "SunTrust Banks (STI)"

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SunTrust Banks Inc. (NYSE: STI) and Regions Financial Corp. (NYSE: RF) Remain Likely Targets of M & A Activity

In June of 2009, CreditSights issued a report that listed SunTrust (STI) and Regions Bank (RF) as the top two franchises in terms of merger attractiveness once banks exited the U.S. government’s Troubled Asset Resolution Program (TARP).
“In general, we view the more ‘critical mass’ regional bank franchises such as SunTrust, Regions, and Fifth Third (FITB) [...]

March 10th, 2010 | Christopher | Comments | Continued
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New report shows Citigroup (NYSE: C) and SunTrust (NYSE: STI) face more belt-tightening in 2010

Flurries of new regulations are adding expenses. Failing loans are cutting into revenue. It’s a recipe for continuing budget cuts for many banks.
A report by research firm SNL Financial confirms that cost-cutting is the new normal in banking these days.
In 2010, according to estimates by research firm SNL Financial:
Southeastern powerhouse SunTrust (STI) is expected to [...]

December 28th, 2009 | Christopher | Comments | Continued
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SunTrust, Inc. (NYSE: STI), Wells Fargo (NYSE: WFC), and Regions Financial (NYSE: RF) tout loyalty programs to increase revenue

Earning miles with Delta Air Miles with a travel debit card from SunTrust (STI). Wells Fargo (WFC) will let you apply reward points towards a home equity loan. And Regions Financial’s allows you to earn 4% cash back on downloads from iTunes. These are just a few examples of loyalty programs being used by banks [...]

November 23rd, 2009 | Christopher | Comments | Continued