BUSINESS PEOPLE; Sale to SunTrust Hailed By Third National Chief

''We will have the best of both worlds,'' Mr. [Charles W. Cook Jr.] said yesterday. ''We will have managerial autonomy and access to more resources.'' ''We feel persuasive arguments favored this sort of regionalization,'' Mr. Cook said. One...

Full description

Saved in:
Bibliographic Details
Published inThe New York times
Main Author Cuff, Dee Wedemeyer and Daniel F.
Format Newspaper Article
LanguageEnglish
Published New York, N.Y New York Times Company 04.09.1986
EditionLate Edition (East Coast)
Subjects
BANKS AND BANKING
COOK, CHARLES W JR
CUFF, DANIEL F
MERGERS, ACQUISITIONS AND DIVESTITURES
WEDEMEYER, DEE
Online AccessGet full text

Cover

More Information
Summary:''We will have the best of both worlds,'' Mr. [Charles W. Cook Jr.] said yesterday. ''We will have managerial autonomy and access to more resources.'' ''We feel persuasive arguments favored this sort of regionalization,'' Mr. Cook said. One is that economies of scale can be realized, and another is that the parent bank will give more backing to research and development in order to stay competitive, he said.
ISSN:0362-4331