01.04.2014 22:48:00
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SunTrust Bank -- Moody's affirms SunTrust's ratings (Baa1 senior); outlook stable
New York, April 01, 2014 -- Moody's Investors Service has affirmed all of the ratings of SunTrust Banks, Inc. (SunTrust) and its bank subsidiary, SunTrust Bank. The parent company is rated Baa1 for senior debt and its bank subsidiary is rated C for standalone bank financial strength, A3 for long-term deposits and Prime-2 for short-term obligations. The bank also has an a3 baseline credit assessment. SunTrust's rating outlook remains stable.