In 1995, SunTrust Banks retired the Trust Company Bank, Sun Bank and Third National names and rebranded all of its banking subsidiaries as SunTrust Banks.
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In 1995, SunTrust Banks retired the Trust Company Bank, Sun Bank and Third National names and rebranded all of its banking subsidiaries as SunTrust Banks.
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In 2001, SunTrust Banks purchased the institutional businesses of the Robinson-Humphrey Company, LLC creating SunTrust Banks Robinson-Humphrey.
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In 2014, SunTrust Banks announced it would launch a medical specialty group to work with independent medical practices.
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The name SunTrust Banks Park was used until the 2020 season when it was renamed Truist Park.
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However, SunTrust Banks had long coveted Robinson-Humphrey, reportedly having pursued it for more than 80 years.
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Trust Company of Georgia, the oldest progenitor of SunTrust Banks, was rebuffed in an effort to buy Robinson-Humphrey in 1917.
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SunTrust Banks had been the last major bank headquartered in Atlanta, which had been the South's financial capital for much of the 20th century.
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SunTrust Banks started to divest Coke shares in May 2007, when it sold 4.
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However, in September 2012, SunTrust Banks sold all of its Coke shares at the behest of its primary regulator, the Federal Reserve.
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SunTrust Banks was forced to resubmit its capital plan – known as Comprehensive Capital Analysis and Review – after it failed part of the stress test in March 2012.
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The consent order addressed SunTrust Banks's alleged misconduct regarding its mortgage servicing and foreclosure practices.
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The consent order required that SunTrust follow the servicing standards set up by the 2012 National Mortgage Settlement with the five largest banks.
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In September 2015 SunTrust Banks laid off one hundred IT professionals with a controversial severance agreement clause by SunTrust Banks that required laid-off employees to be available to help without pay for a period of two years.
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