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SunTrust Capital Markets, Inc., to Open Sales Office in Pittsburgh

ATLANTA, Nov. 21 /PRNewswire/ -- SunTrust Capital Markets, Inc., a subsidiary of Atlanta-based SunTrust Banks, Inc. (NYSE: STI), announced today that it will continue to expand its corporate and institutional sales activi- ties by opening an office in Pittsburgh, Pennsylvania. The office is scheduled to open by year-end.

The new office, which will be staffed by John Stevens, Kathleen Maseth, and Michael McNerney, all formerly with the Pittsburgh office of NationsBanc Capital Markets, Inc., will market and sell fixed-income securities to corporate and institutional clients throughout the North and Midwest.

According to Mitch Grant, SunTrust Capital Markets' senior vice president and managing director of sales, "Opening a sales office in Pittsburgh is a natural next step in our company's growth strategy. We are fortunate to have this talented team of professionals, who are already very familiar with this area, to help us launch our efforts in this important market."

SunTrust Capital Markets, Inc., is the investment banking arm of SunTrust Banks, Inc., and engages in investment sales, corporate finance, public finance and trading activities targeted to corporate and institutional clients. SunTrust Capital Markets has offices in Atlanta, Orlando, Nashville and Chattanooga, and recently announced plans to open additional sales offices in Richmond, Virginia, and Tampa, Florida.

SunTrust Banks, Inc., is an Atlanta-based superregional bank holding company with assets of $49.6 billion, ranking it among the nation's top 20 banks. Through its banking subsidiaries, SunTrust operates more than 675 full-service banking offices in Florida, Georgia, Tennessee and Alabama, and provides a wide range of personal, corporate and institutional financial services.

SOURCE SunTrust Capital Markets, Inc.
 -0- 11/21/96


/CONTACT: Paul Field, SunTrust Capital Markets, Inc., 404-827-6081/

(STI)

CO: SunTrust Capital Markets, Inc. ST: Georgia, Pennsylvania IN: FIN SU:

KW -- ATTH013 -- 5483 11/21/96 14:25 EST http://www.prnewswire.com
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Publication:PR Newswire
Date:Nov 21, 1996
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