SunTrust probed over mutual fund sales


The SEC is investigating the bank for selling clients mutual funds that charge marketing fees when other, cheaper funds were available. SunTrust expects an enforcement action.


Bank CEOs ask lawmakers to ease capital rules, repeal Durbin cap


Regional banks don’t pose risks to the financial system that have caused concern among policymakers, executives of 18 banks told top Republican and Democratic lawmakers in Congress.


Lemons or lemonade? How bankers feel about their environment


Some execs have plenty to be sour about, but others are emphasizing the possibilities amid today's economic and political realities. Their contrasting mindsets were on full display at a Credit Suisse conference this week.


Regional bankers manage expectations on lending


Corporate borrowers aren’t ready just yet to pull the trigger on multimillion-dollar loans to buy fleets of trucks or scads of new inventory despite excitement about a more business-friendly Washington, lenders cautioned.


Cost Increases Tame Profits at SunTrust


Quarterly profit fell at SunTrust Banks in Atlanta as noninterest expense rose 8.4% and its loan-loss provision increased.