SunTrust Robinson Humphrey Expands Corporate Banking Team with Key Hires in Chicago
ATLANTA, May 12, 2014 /PRNewswire/ -- SunTrust Robinson Humphrey (STRH) today announced the addition of three highly respected banking industry veterans to its Chicago-based Midwest Corporate Banking team. Wes Frangul, Jonathan Twichell and Mark Wegener have joined the firm as managing directors, bringing nearly 90 years of combined experience in delivering financial solutions to a broad range of business and corporate clients. Jason Karnes also joined the team as director from the firm's Atlanta office.
"Wes, Jon, Mark and Jason are seasoned financial services professionals who share our commitment to meeting the evolving needs of clients over the long term," said Ted Heldring, head of Midwest Corporate Banking. "Their experience and knowledge of the Midwest, combined with STRH's full suite of financial capabilities and industry-specific expertise, will allow us to help more clients across the region grow their business."
A 29-year veteran, Frangul joins STRH from NewStar Financial and BMO Capital Markets. At NewStar, Frangul was responsible for leveraged finance origination in the Midwest and Western U.S., and at BMO Capital Markets he was responsible for industrial & sponsor investment banking origination. Twichell has 25 years of experience in the greater Chicago area, most recently with HSBC and JPMorgan, where he managed general corporate banking relationships across the Midwest. Wegener brings to STRH nearly 30 years of banking experience in the Midwest, including commercial and corporate banking positions at U.S. Bank, The Royal Bank of Scotland, and JPMorgan, where he covered mid-cap companies across the Midwest. Karnes joined STRH in 2008 from Citigroup, where he covered large corporate clients.
The STRH Midwest Corporate Banking team offers 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, M&A advisory, and liquidity and investment products to clients in nine Midwestern states. STRH has recently extended its reach to middle market businesses and corporate clients, with new offices in Dallas and San Francisco and key hires in Charlotte and other target cities.
About SunTrust Robinson Humphrey
SunTrust Robinson Humphrey is the trade name for the corporate and investment banking services of SunTrust Banks, Inc. SunTrust Robinson Humphrey provides comprehensive capital raising, strategic advisory, risk management, and investment solutions to serve the needs of corporate clients across the nation. Debt and equity underwriting, trading, research and sales, loan syndications, municipal securities trading and sales, and merger and acquisition advisory services are offered by SunTrust Robinson Humphrey, Inc., member FINRA and SIPC. Cash management, loans and loan related products, foreign exchange and risk management products and services are offered by SunTrust Bank, member FDIC.
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. STRH's internet address is www.suntrustrh.com.
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 March 31, 2014, SunTrust had total assets of $179.5 billion and total deposits of $132.9 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 www.suntrust.com.
SOURCE SunTrust Banks, Inc.
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