Bank pushes revival mode

Asset sales to help raise funds, bolster capital. $300 million goal hoped; lower dividend part of plan to cut costs

May 16, 2009

Atlanta Journal Constitution

Paul Donsky

McKenna Long & Aldridge Managing Director Brian Olasov said raising the capital may not simply be a defensive move for SunTrust.

“SunTrust can be very opportunistic and sweep in on these community banks and build a very attractive market share,” Olasov said.

This article appeared in its entirety in the May 16 edition of the Atlanta Journal Constitution.