KM Financial Solutions | UPDATE 1-SunTrust Banks’ profit rises 12 pct on higher interest rates
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UPDATE 1-SunTrust Banks’ profit rises 12 pct on higher interest rates

UPDATE 1-SunTrust Banks’ profit rises 12 pct on higher interest rates

Oct 20 (Reuters) – U.S. regional lender SunTrust Banks Inc’s
profit rose 12 percent in the third quarter, as interest
rate hikes by the Federal Reserve drove higher net interest
income.

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