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Suntrust Banks

Art Basel Miami Supercharged! (Video)

Eric Minh Swenson | Posted 02.08.2015 | Arts
Eric Minh Swenson

It was full throttle at Art Basel this year in Miami. There were Lambos, Red Bull, Cuban expresso, Davidoff cigars, champagne, and Waikiki weather to keep me up.

Big Bank To Pay $1 Billion For Sketchy Mortgages

AP | By ERIC TUCKER | Posted 08.18.2014 | Business

WASHINGTON (AP) — SunTrust has agreed to pay nearly $1 billion to resolve allegations that it underwrote and endorsed faulty mortgage loans, the Jus...

WATCH: Hundreds Of Hungry Onlookers Stand By As Free Food Is Hauled Away

Posted 04.10.2013 | Business

Police in Augusta, Ga., stopped hundreds of hungry people last month from collecting the groceries left behind after SunTrust bank evicted a supermark...

Big Bank Drops Overdraft Fees

The Huffington Post | Emily Cohn | Posted 06.21.2012 | Money

Although it seems like every week banks are ratcheting up fees charged to customers with low account balances, the largest U.S. bank by assets is chan...

Fed Fines Big Banks For Alleged Foreclosure Abuse

AP | DEREK KRAVITZ | Posted 03.19.2012 | Business

WASHINGTON -- The Federal Reserve said Monday that it plans to fine eight additional U.S. bank holding companies for improperly foreclosing on homeown...

Major Banks Engineered Decade-Long Kickback Scheme, Investigators Say

American Banker | Jeff Horwitz | Posted 11.06.2011 | Business

Many of the country's largest banks received $6 billion in kickbacks from mortgage insurers over the course of a decade, according to a previously und...

Keycorp Plans To Repay Entire TARP Bailout

Reuters | Posted 05.25.2011 | Business

(Reuters) - Keycorp said on Friday that it planned to repay $2.5 billion in U.S. government bailout funds, becoming one of the latest banks to sha...

Shahien Nasiripour

Megabank Warns It May Be Punished Over Foreclosure Practices | Shahien Nasiripour | Posted 05.25.2011 | Business

UPDATE 7:00 PM: U.S. Bancorp, the nation's 10th-biggest lender by assets, also warned investors of impending penalties, its annual report shows. The...

Shahien Nasiripour

Banks Expect To Be Punished By Government | Shahien Nasiripour | Posted 05.25.2011 | Business

Three of the nation's largest banks said Friday that they expect to be sanctioned by the U.S. government for their foreclosure practices, securities f...

Wall Street Leverage Rising At Fastest Pace Since '07 | Kristen Haunss and Jody Shenn | Posted 05.25.2011 | Business

Aug. 28 (Bloomberg) -- Banks are increasing lending to buyers of high-yield company loans and mortgage bonds at what may be the fastest pace since the...

The Return of Gordon Gekko

Dan Dorfman | Posted 05.25.2011 | Business
Dan Dorfman

Wall Street speculation has it that some investors may have been privy to government actions involving a number of these banks at the outset of the financial crisis or to their financial results.

First batch of bailout money for banks moving soon

AP | MARTIN CRUTSINGER | Posted 05.25.2011 | Business

WASHINGTON — The government prepared Monday to move the first batch of bailout money to banks as fretful world markets plunged again. Wall Stree...