ATLANTA, Nov. 4, 2013 /PRNewswire/ -- SunTrust Robinson Humphrey (STRH) is establishing corporate banking offices in Dallas, San Francisco and Chicago to enhance its ability to deliver a comprehensive suite of banking solutions to middle-market businesses and corporate clients in those regions. STRH is the trade name for the corporate and investment banking services of SunTrust Banks, Inc. (NYSE: STI), which are conducted through its wholly-owned subsidiaries SunTrust Bank and SunTrust Robinson Humphrey, Inc.
"SunTrust Robinson Humphrey is a leading, full-service, middle-market investment bank that offers high-quality, differentiated service to clients nationwide," said Mark A. Chancy, wholesale banking executive at SunTrust. "Expanding our physical presence builds on the strong STRH foundation to meet growing market needs by bringing our industry-specific expertise, client-first focus, and breadth of financial solutions to help businesses achieve their goals."
The STRH teams in Dallas, San Francisco and Chicago will cover nearby states and offer a full range of corporate and investment banking products and services, including debt and equity capital markets, treasury and payment solutions, financial risk management, foreign exchange, employee benefits solutions, M&A advisory, and liquidity and investment products.
The Dallas-based Southwest office, San Francisco-based Western office and Chicago-based Midwest office recently opened, and will complement SunTrust's existing presence in all three markets. STRH has existing asset-based lending and equipment finance leasing teams in Texas and Chicago, and a capital markets and wealth management presence in California.
The Dallas-based corporate banking team is led by industry veteran Clint Bryant, who joined STRH from Fifth Third Bank, where he served as its Southwest mid-corporate market manager. Prior to that, he was a senior relationship manager for Wells Fargo based in Dallas.
Joining Bryant are Julia Harman and Don Besch. Harman previously served as a corporate banking senior relationship manager for Fifth Third's Southwest operations in Dallas, as well as a relationship manager at Wells Fargo. A 13-year STRH veteran, Besch has extensive experience in corporate and investment banking, and most recently served as a managing director in the firm's consumer and retail investment banking group. Previously, Besch spent 18 years at BankBoston in various positions, both domestically and internationally.
The San Francisco-based Western corporate banking team is led by industry veteran Jim Deichen, who joined STRH after 34 years with Bank of America, where he most recently served as the west coast head of technology corporate banking.
The Midwest corporate banking team in Chicago is led by industry veteran Ted Heldring, who joined STRH after 12 years at J.P. Morgan, where he most recently served as the head of the Chicago office for debt capital markets. Prior to that, Heldring was a Managing Director for Wachovia and was also with Chemical Securities.
All three offices will add bankers to their teams in the near future.
About SunTrust Robinson Humphrey
SunTrust Robinson Humphrey is the trade name for the corporate and investment banking services of SunTrust Banks, Inc., including SunTrust Bank and SunTrust Robinson Humphrey, Inc., member FINRA and SIPC. SunTrust Robinson Humphrey provides comprehensive capital raising, strategic advisory, risk management, and investment solutions to serve the needs of corporate clients across the nation. Fixed income and equity research, sales and trading for institutional investors and M&A advisory are provided by SunTrust Robinson Humphrey, Inc.
SunTrust Robinson Humphrey has extensive experience working with public and private companies of all sizes – from emerging growth to the Fortune 500. While it offers a complete array of solutions and advice for companies across all industries, it provides in-depth industry expertise and dedicated corporate and investment banking practices for certain core sectors, including business services, financial sponsors, building products, healthcare, consumer and retail, media and communications, energy, transportation, financial services and technology, and real estate.
About SunTrust Banks, Inc.
SunTrust Banks, Inc. (NYSE: STI), headquartered in Atlanta, is one of the nation's largest banking organizations, serving a broad range of consumer, commercial, corporate and institutional clients. As of September 30, 2013, SunTrust had total assets of $171.8 billion and total deposits of $128.9 billion. Through its flagship subsidiary, SunTrust Bank, the company operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic States and a full array of technology-based, 24-hour delivery channels. The company also serves clients in selected markets nationally. Its primary businesses include deposit, credit, trust and investment services. Through its various subsidiaries, the company provides mortgage banking, asset management, securities brokerage, and capital market services. SunTrust's Internet address is suntrust.com.
SOURCE SunTrust Banks, Inc.
Lee Underwood, 404-658-4501, or Sue Mallino, 404-813-0463