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On Friday, SunTrust Banks added its name to a growing list of regional lenders that have accelerated their recovery in the aftermath of the financial crisis. What you need to know about SunTrust's ...
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Date. Acquiring bank. Acquired bank. Purchase price. Sept. 30, 1998. Bank of America. NationsBank. $62 billion. July 1, 2004. J.P. Morgan Chase. Bank One. $58 billion
The 2007–2008 financial crisis led to many bank failures in the United States. The Federal Deposit Insurance Corporation (FDIC) closed 465 failed banks from 2008 to 2012. [2] In contrast, in the five years prior to 2008, only 10 banks failed. [2] [3] At the end of 2022, the US banking industry had a total of about $620 billion in unrealized ...
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Continued improvement in its overall credit portfolio has helped Atlanta-based SunTrust Banks (NYS: STI) report an impressive second quarter. Let's take a closer look at its performance to figure ...
25 Park Place. / 33.754711; -84.388068. 25 Park Place, formerly the Trust Company of Georgia Building and later the SunTrust Bank Building is a 115 m (377 ft) 28- story skyscraper owned by Georgia State University in Downtown Atlanta. [2] Built across from Woodruff Park, construction was finished in 1971 as the headquarters for Trust Company of ...