SunTrust Bank will use savings from reductions in its branch network to invest in the hiring of advisers, the bank's CFO Aleem Gillani said at the Credit Suisse financial services forum last week.
Gillani noted that the bank will be adding "targeted talent that will play more of an advisory rather than transaction-oriented role for the more complex needs of its targeted mass-affluent client base." He did not specify how many more advisers would be hired.
Register or login for access to this item and much more
All Bank Investment Consultant content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access