SunTrust was an investment bank in Georgia. In December 2019, the bank merged with BB&T to form Truist Finanacial Corportaton.
An investment bank in Georgia that focuses on making banking easy.
SunTrust was an investment bank in Georgia. In December 2019, the bank merged with BB&T to form Truist Finanacial Corportaton.
SunTrust Bank iswas an investment bank in Georgia that focuses on making banking easy. FoundedIt was founded in 1891 in Atlanta, Georgia, United States, it invests in debt rounds. The bank iswas a statutory Delaware business trust formed by SunTrust for the sole purpose of issuing the preferred securities and investing in the debentures. Its portfolio companies include DrFirst, Finxact, Jam City, WaterBridge Resources, Fundation, Terressentia, Greenlight Financial Technology, BlueVine, Annapurna Pictures, and Related Group. As of March 2020, SunTrust Bank has made 23 investments. Their most recent investment was on April 24, 2019, when DrFirst raised $17M. SunTrust Bank has acquired seven organizations. As of March 2020, their most recent acquisition was Pillar Financial on October 20, 2016.
On Dec. 6 2019 the merger of equals between BB&T Corporation and SunTrust Banks, Inc. was completed forming Truist Financial Corporation.
August 21, 2022