Vendor Image

SunTrust Banks, Inc.: Coke Refreshes Tie...

Frank, Mary Margar...

Case

SunTrust Banks, Inc.: Coke Refreshes Tier 1 Capital

Frank, Mary Margaret; Thompson, Sylvie

C-2337 | Published October 29, 2012 | 12 pages. Case

Collection: Darden School of Business

Product Details

As the 2008 financial crisis continued to intensify, a SunTrust executive was preparing for a presentation she would make to the rest of her team. SunTrust's CEO had put together the team to review selling the bank's large holding of Coca-Cola shares to obtain much-needed cash. Cash was needed because in the second quarter of 2008, SunTrust had experienced continued deterioration of its assets.

0