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In June 2020 SunTrust Robinson Humphrey and BB&T Capital Markets combined to form the new Truist Securities. BB&T/SunTrust merger. On February 7, 2019, It was reported that Winston-Salem-based BB&T and Atlanta-based SunTrust Banks would come together in a merger of equals to create the eighth-largest US bank. It would be the biggest bank deal ...
Its two primary businesses are Investment Services and Investment Management. [125] [126] The bank's clients include 80 percent of Fortune 500 companies. [127] The company also serves 77 percent of the top 100 endowments, 87 percent of the top 1,000 pension and employee benefit funds, 51 percent of the top 200 life and health insurance ...
SunTrust Banks, Inc. was an American bank holding company with SunTrust Bank as its largest subsidiary and assets of US$199 billion as of March 31, 2018. The bank's most direct corporate parent was established in 1891 in Atlanta , where it was headquartered.
BB&T/SunTrust merger. On February 7, 2019, It was reported that Winston-Salem-based BB&T and Atlanta-based SunTrust Banks would come together in a merger of equals to create the eighth-largest U.S. bank. It would be the biggest bank deal since the 2007-2009 financial crisis.
Empower acquired the heritage SunTrust 401(k) recordkeeping business, which includes approximately 300 retirement plans consisting of more than 73,000 plan participants and $5 billion in plan assets. On September 29, 2020, Empower announced that it would acquire the retirement plan recordkeeping business of Fifth Third Bank.
Prior to that he was chairman and chief executive officer of Atlanta-based SunTrust Banks, Inc. In December 2019, Charlotte-based Truist was created through a merger of equals between SunTrust and Winston-Salem-based BB&T. Truist is currently the sixth largest U.S. bank and the merger is the biggest bank deal since the financial crisis of 2007 ...
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Kamala Devi Harris (/ ˈ k ɑː m ə l ə ˈ d eɪ v i / ⓘ KAH-mə-lə DAY-vee; born October 20, 1964) is an American politician and attorney who is the 49th and current vice president of the United States under President Joe Biden.