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SunTrust (STI) Stock Price Jump Post-Election Is Justified

NEW YORK (TheStreet) -- Shares of SunTrust (STI) are up about 15% since election day on November 8, as bank stocks continue to rally on the anticipation that President-elect Donald Trump will roll back regulation in the sector.

That dramatic jump in price is justified because it's a reflection of a couple of things, rather than just the hope for deregulation, SunTrust CEO William Rogers said on CNBC's "Squawk Box" on Tuesday morning.

First, there's the anticipation of a...