SunTrust

Citi, SunTrust provide a road map to real-time payments

02/12/18

Early adopters of The Clearing House’s Real Time Payments network have built gateways and accelerated fraud detection systems.

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Breakthrough: More women running banks’ legal departments

01/26/18

Most general counsels are men, but in 2017 women filled more than half of the top legal positions that opened up at large financial firms. The trend is likely to continue as the population of women lawyers swells and banks continue to diversify their senior ranks.

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JPM launches major expansion; AIG buys Bermuda insurer

01/23/18

Bank will add 400 branches and boost mortgage lending; the company attempts first acquisition since it nearly failed during the financial crisis.

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New era: How tax cuts will drive strategy in 2018 and beyond

01/21/18

Look for banks to boost dividend payouts, expand into new markets, increase their tech spending and, eventually, ramp up their C&I lending. But don't expect much in the way of M&A.

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Regionals step on gas in retail loans as commercial lending sputters

01/19/18

Citizens Financial, Regions and SunTrust reported strong gains in consumer banking, including loans made through partnerships with retailers and fintech lenders. They want to keep it up to compensate for slack in commercial lending.

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SunTrust brings back former tech executive to serve as new CIO

01/19/18

Scott Case will rejoin SunTrust after having left the bank in October to become chief information officer at a health care information management company. He will replace Anil Cheriyan, who is retiring.

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SunTrust records $172M benefit from tax reform

01/19/18

The new tax law helped boost fourth-quarter results at SunTrust Banks in Atlanta, while the recent rate hikes led to gains in spread income.

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Pay for bank execs may rise as a result of tax reform

01/09/18

The elimination of a key deduction that had worked as a cap on CEO salaries, combined with investor pressure to maintain performance incentives, could lead to an upward drift in compensation for top executives of many banks.

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Perks repackaged: Banks use own employee benefits as marketing tool

01/05/18

SunTrust and First Republic are taking benefits they offer to their workers, such as financial wellness training and student debt repayment, and extending them to corporate clients as benefits they can offer to their own employees. In doing so, they are strengthening relationships with valuable commercial customers.

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SunTrust names Ellen Fitzsimmons of CSX as top lawyer

01/04/18

The railroad industry executive will replace Raymond Fortin as general counsel

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