SunTrust Bank's wealth management businesses took a beating in 2015, according to the bank's latest financial results released on Friday.
In the final quarter of the year, revenue from trust and investment management services fell 6% to $79 million from $84 million in the same quarter a year ago. Revenue was also off from the prior quarter, falling 8%. For the full year, trust and investment management services generated $334 million, down a significant 21% from $423 million in 2014.
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