SunTrust Bank's wealth management businesses took a beating in the second quarter, according to the bank's latest financial results released on Friday.

Second-quarter revenue from trust and investment management services plunged 11% to $75 million from $84 million in the same quarter a year ago. Revenue was flat from the prior quarter.

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

Don't have an account? Register for Free Unlimited Access