SunTrust Bank
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SunTrust Bank’s Brokerage Revenue Slips in the Second Quarter

SunTrust Bank’s Brokerage Revenue Slips in the Second Quarter

The second quarter financial results of the SunTrust Bank on Friday revealed that the wealth management businesses faced a slowdown in revenue growth.

The revenue from the Bank's trust and investment management services dropped eleven percent to $75 million compared to $84 million last year same quarter. Revenue in Q2 remained flat compared to the earlier quarter.

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