SunTrust Banks Inc.'s CEO, Jim Wells, took the chairmanship this week at the Atlanta Committee for Progress, a business group that advises Mayor Shirley Franklin."This city is having a difficult time, as well as the rest of the country," Mr. Wells said during the committee's quarterly meeting Monday, the Atlanta Business Chronicle reported online. "Anything I can do to be helpful in this environment, I'm happy to do."

Mr. Wells also cited the bleak economy a day later, when SunTrust requested additional capital from the Treasury Department's Troubled Asset Relief Program.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.