SunTrust Bank

Company

Investment-firm

General

About Company
SunTrust Capital V is a Delaware business trust formed by SunTrust to invest in preferred securities and debentures.

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Also Known As

SunTrust

founded date

12.09.1891

Number of employees

Company Type

For Profit

IPO status

Private

Description

SunTrust Banks provided financial services to retail, business, and institutional clients, including mortgage, asset management, securities brokerage, and capital market services. The company had two business segments, consumer and wholesale, and offered technology-based banking channels. SunTrust merged with BB&T to form Truist, which offers a wide range of services including retail, small business and commercial banking, asset management, and wealth management. Truist serves approximately 12 million households and is the sixth-largest commercial bank in the U.S.
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