American bank holding company, formerly known as BB&T Corporation
First-ever UNC Charlotte dorm named for Black alumnus brings H.O.P.E to a new generation
charlotteobserver.com/news/local/article287730365.html
Truist (TFC) Calls Investment Banking Staff Back to Office Five Days a Week: Truist Financial Corp. told its investment-banking staff that they must now be in ...
bloomberg.com/news/articles/2024-04-17/truist-calls-investment-banking-staff-to-office-five-days-a-week
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We are so grateful for the visionary leaders in banking who have dedicated their wisdom and insights into shaping this year's #DIGITALBANKING conference agenda ... Show more conference.americanbanker.com/event/b91a9ec6-b294-4975-9730-3a1a1a50c504/summary
Truist Financial: Improving Setup (Rating Upgrade): Truist Financial may benefit from a higher for longer rate environment, leading to higher capital returns for ...
seekingalpha.com/article/4684470-truist-financial-improving-setup-rating-upgrade
Paid articlePaid Truist Financial Q1 Earnings Preview: Capital Improvement But Deposit Weakness (Rating Downgrade)
seekingalpha.com/article/4684202-truist-financial-q1-earnings-preview-capital-improvement-deposit-weakness-rating-downgrade
Paid articlePaid In latest move, Cadence reorganizes its management structure: The Tupelo, Mississippi, company announced a management simplification plan in which several ...
americanbanker.com/news/in-latest-move-cadence-reorganizes-its-management-structure
Truist Financial Still Has Room To Run While Yielding 5.48%: While Truist Financial has been recovering over the past year, I think shares still have room to ...
seekingalpha.com/article/4682280-truist-financial-still-has-room-to-run-while-yielding-5-48-percent
Paid articlePaid Truist Insurance Kicks Off $2.75 Billion Junk Bond Sale for LBO: A group of debt arrangers led by Morgan Stanley kicked off marketing on a $2 ...
bloomberg.com/news/articles/2024-03-21/truist-insurance-kicks-off-2-75-billion-junk-bond-sale-for-lbo
Truist Hires Former Citi Muni Bankers to Build ‘National Scope’: Truist Financial Corp. hired more Citigroup Inc. municipal-bond veterans, showcasing the ...
bloomberg.com/news/articles/2024-03-01/truist-hires-former-citi-muni-bankers-to-build-national-scope
Paid articlePaid Unloved Loan Style Comes Roaring Back in $1.9 Billion Sale: A group of debt arrangers on Friday launched the sale of a $1.9 billion second-lien loan ...
bloomberg.com/news/articles/2024-03-01/stone-point-kicks-off-debt-sale-for-lbo-of-truist-insurance
Paid articlePaid Truist (TFC) Nears Sale of Stake in Insurance Arm to Stone Point, CD&R: Truist Financial Corp. is nearing a deal to sell a majority stake in its insurance ...
bloomberg.com/news/articles/2024-02-19/truist-nears-sale-of-stake-in-insurance-arm-to-stone-point-cd-r
Regional Bank Stocks Could Be the Next Hot Play: With New York Community Bancorp getting a rescue, a cloud over other regional banks could soon lift ...
barrons.com/articles/get-ready-for-a-rebound-in-regional-bank-stocks-6e6badd0
Paid articlePaid Banks Prep $9 Billion Debt Package for Truist Insurance Buyout: Clayton Dubilier & Rice and Stone Point Capital have lined up more than $9 billion of debt from ...
trib.al/rQNdX2s
3 Stock Picks for Equal Pay Day 2024: These companies have standout pay-equity practices alongside strong financial performance.
morningstar.com/sustainable-investing/3-stock-picks-equal-pay-day-2024
Big Deals Are Back With a $53 Billion Bang: Monster mergers and big-ticket acquisitions are back in fashion this year. Capital One, Truist ...
entrepreneur.com/business-news/capital-one-truist-walmart-announce-billion-dollar-deals/470061
Truist keeps downsizing with deal to sell asset-management business: The North Carolina bank agreed to offload Sterling Capital Management to Guardian Capital ...
americanbanker.com/news/truist-keeps-downsizing-with-deal-to-sell-asset-management-business
Truist shrinkage, Fiserv charter: Top banking news for January 2024: In this month's roundup of top banking news: Truist Financial announces plans to shutter 4% ...
americanbanker.com/list/truist-shrinkage-fiserv-charter-top-banking-news-for-january-2024
Paid articlePaid Truist Financial: Potential For Improved Efficiency And Profitability Supports A Buy Rating
seekingalpha.com/article/4674729-truist-financial-potential-improved-efficiency-profitability-supports-buy-rating
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Truist sells remaining stake in insurance arm valued at $15.5B: Truist Financial Corp., which employs thousands of Georgians, announced Tuesday it will sell the ...
ajc.com/news/atlanta-news/truist-sells-remaining-stake-in-insurance-arm-for-155b/YXOABQ3YNJARVJFMGZHVQ3FHEA/
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Truist insurance-brokerage unit’s sale price is better than expected: Truist says $10 billion in proceeds will strengthen its balance sheet
marketwatch.com/story/truist-selling-insurance-unit-at-a-15-5b-valuation-to-private-equity-firms-4c6ff49a
Truist, Fifth Third Add to Bank Bond Spree With $4.5 Billion: Truist Financial Corp. and Fifth Third Bancorp are tapping the US investment-grade market on Monday ...
bloomberg.com/news/articles/2024-01-22/truist-joins-wall-street-banks-post-earnings-debt-sales-spree
2 Ugly Stocks With Upside—and 6% Yields: Verizon has been losing market share for years, but that could soon change, a KeyBanc analyst says. Truist ...
barrons.com/articles/verizon-truist-stock-buys-6-yields-df234195
Paid articlePaid Here’s How Barron’s Stock Picks Performed—and Why We Trailed the Market: The 77 stock picks featured in bullish Barron’s articles last year returned nearly 10% ...
barrons.com/articles/stock-picks-performance-tesla-pfizer-walmart-chevron-1f573340
Paid articlePaid Here’s How Barron’s Stock Picks Performed—and Why We Trailed the Market: The 77 stock picks featured in bullish Barron’s articles last year returned nearly 10% ...
barrons.com/articles/stock-picks-performance-tesla-pfizer-walmart-chevron-1f573340
Paid articlePaid Truist plans to shrink branch network by 4% in March: The North Carolina-based company said it expects to close about 4% of its branch network ...
americanbanker.com/news/truist-plans-to-shrink-branch-network-by-4-in-march
Why lots of banks are saying goodbye to their insurance agencies: Banks large and small are selling some or all of their insurance subsidiaries ...
americanbanker.com/list/why-lots-of-banks-are-saying-goodbye-to-their-insurance-agencies
Colleagues remember SunTrust's Jimmy Williams, a 'quintessential banker' : Williams, who died this week at age 90, was CEO of SunTrust — one of the banks that ...
americanbanker.com/news/colleagues-remember-suntrusts-jimmy-williams-a-quintessential-banker
Truist vows to keep its expense growth low in 2024: Despite a surge in quarterly expenses in the fourth quarter and a projected uptick in the first quarter ...
americanbanker.com/news/truist-vows-to-keep-its-expense-growth-low-in-2024
Truist Financial Q4 Earnings: What Can We Expect?: Truist Financial is set to report its Q4 earnings results this week. Read why I give TFC stock a Hold rating ...
seekingalpha.com/article/4663060-truist-financial-q4-earnings-what-can-we-expect
Paid articlePaid Ally Financial names an interim CEO: Douglas Timmerman, the company's president of dealer financial services, will step in when Jeffrey Brown departs at the end ...
americanbanker.com/news/ally-financial-names-an-interim-ceo
Wall Street Breakfast: The Week Ahead: Next week's focus on Wall Street includes the energy sector, earnings reports from financial companies ...
seekingalpha.com/article/4662702-wall-street-breakfast-week-ahead
Truist mulls a restructuring of its underwater bond portfolio: The North Carolina-based bank is considering the idea of selling a portion of its securities ...
americanbanker.com/news/truist-mulls-a-restructuring-of-its-underwater-bond-portfolio
Stocks To Watch: Energy Market Drama And Financial Earnings Headline Holiday Week
seekingalpha.com/article/4662596-stocks-to-watch-energy-market-drama-and-financial-earnings-headline-holiday-week
Paid articlePaid Truist lures new chief legal officer from Ally Financial: Scott Stengel, who has been Ally's general counsel since 2016, will succeed Ellen Fitzsimmons ...
americanbanker.com/news/truist-lures-new-chief-legal-officer-from-ally-financial
Ed Crutchfield, legendary dealmaker and Charlotte banker, dies at 82 : As the CEO of First Union Bank, Crutchfield struck more than 80 deals ...
americanbanker.com/news/ed-crutchfield-legendary-dealmaker-and-charlotte-banker-dies-at-82
Citigroup layoffs, Truist expansion: Top banking news for November 2023: In November's roundup of top banking news: Citigroup approaches newest wave of job cuts ...
americanbanker.com/list/citigroup-layoffs-truist-expansion-top-banking-news-for-november-2023
Truist: Solid As A Rock And Potentially Returning 8.4% Annualized: Despite its solid position and cost-cutting campaign, Truist's valuation remains cheap ...
seekingalpha.com/article/4660373-truist-solid-as-a-rock-and-potentially-returning-8-4-percent
Paid articlePaid Truist Financial Stock: Downgraded To Hold Despite Powell Pivot: Truist Financial stock has rallied 30% in just two months, largely due to recently emerged rate ...
seekingalpha.com/article/4658680-truist-financial-stock-downgraded-to-hold-despite-powell-pivot
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BofA notifies customers of temporary industry-wide deposit delays: Bank of America's (BAC.N) mobile app flashed a message on Friday that said customers could be ...
reuters.com/business/finance/bofa-notifies-customers-temporary-industry-wide-deposit-delays-2023-11-03/
Truist Financial: Bargain Hunting For Value And Yield In Financial Institutions: Truist Financial Corporation shows long-term investment potential despite ...
seekingalpha.com/article/4653973-truist-financial-bargain-hunting-for-value-and-yield-in-financial-institutions
Paid articlePaid Cadence Bank says insurance unit's sale should help capital, efficiency: The Southeast regional bank plans to use the deal's sizable proceeds to pay down ...
americanbanker.com/news/cadence-bank-says-insurance-units-sale-should-help-capital-efficiency
In latest shake-up, Truist expands its executive leadership team: The regional bank announced a near-doubling of the size of its most-senior leadership team ...
americanbanker.com/news/in-latest-shakeup-truist-expands-its-executive-leadership-team
Truist moves speedily to implement its $750 million cost-cutting plan: Six weeks after unveiling a broad restructuring plan, the North Carolina bank said it has ...
americanbanker.com/news/truist-moves-speedily-to-implement-its-750-million-cost-cutting-plan
Truist in talks to sell insurance business for $10 bln - Semafor: Truist Financial Corp (TFC.N) is in talks to sell its insurance brokerage unit to private ...
reuters.com/business/truist-talks-sell-insurance-business-10-bln-semafor-2023-10-09/
Truist's board size reduction could give the CEO more control: The North Carolina company is cutting its board of directors by more than a third ...
americanbanker.com/news/truists-board-size-reduction-could-give-the-ceo-more-control
Paid articlePaid Banks' insurance units are fetching top dollar, but selling brings risk: M&T Bank, Truist Financial and Eastern Bankshares are among the banks that have sold all ...
americanbanker.com/news/banks-insurance-units-are-fetching-top-dollar-but-selling-brings-risk
Paid articlePaid USAA wins another remote-deposit patent victory, this time over Truist: Truist Bank has agreed to pay licensing fees to USAA for the use of mobile-check-deposit ...
americanbanker.com/news/usaa-wins-another-remote-deposit-patent-victory-this-time-over-truist
Paid articlePaid Exclusive: US SEC nearing settlement with Wall Street firms over WhatsApp probe -sources
reuters.com/business/us-sec-nearing-settlement-with-wall-street-firms-over-whatsapp-probe-sources-2023-09-28/
Truist Shrinks Board to Bring It Closer to Peers After Criticism: Truist Financial Corp. said eight board members are resigning, bringing the number of directors ...
bloomberg.com/news/articles/2023-10-02/truist-shrinks-board-to-bring-it-closer-to-peers-after-criticism
Truist plans ‘sizable’ layoffs; target of cuts uncertain: Truist Financial Corp., which operates more than 2,000 branches with thousands of employees in Georgia ...
ajc.com/news/atlanta-news/truist-plans-sizable-layoffs-target-of-cuts-uncertain/2LDH7E2QCBAWTGAVH7KMLGWAIU/
Quick Glance: US Bank Truist Plans 'Significant' Job Cuts to Save $300M
- Truist Financial plans 'significant reductions' in its workforce to save approximately $300 million in costs.
- The layoffs are part of a larger cost savings program and will be carried out from the current quarter to the first quarter of 2024.
- Combined with technology optimization and organizational simplification, this will result in $750 million in savings over 12 to 18 months.
- Truist is confident that the capital markets business will rebound next year and expects dealmaking recovery as an opportunity for revenue growth in the future.
Pressure mounts for Truist to reset its strategy : Some analysts and investors want the North Carolina bank to make big changes to meet financial targets ...
americanbanker.com/news/pressure-mounts-for-truist-to-reset-its-strategy
Paid articlePaid Fifty years after boomer women blazed their way into corporate America, the postwar generation is poised to alter the face of the U.S ... Show more on.barrons.com/3R8Zh0K on.barrons.com/3Lh90yq on.barrons.com/3Lh91lY
Truist Financial May Be Its Own Activist: Truist may be in talks to sell the rest of its insurance-brokerage business to a private-equity firm ...
barrons.com/articles/truist-financial-stock-activist-6a93cce7
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Warner Bros. Discovery Claims Strikes Could Cost Company Up To $500 Million: The financial impact of the writers and actors strikes will likely persist through ...
forbes.com/sites/tylerroush/2023/09/05/warner-bros-discovery-claims-strikes-could-cost-company-up-to-500-million/
Meet The Entrepreneur With A Plan To Create One Million Black Businesses By 2030: John Hope Bryant, CEO of Operation HOPE, says the nonprofit, partnering with ...
forbes.com/sites/jabariyoung/2023/08/30/meet-the-entrepreneur-with-a-plan-to-create-one-million-black-businesses-by-2030/
Meet The Entrepreneur With A Plan To Create One Million Black Businesses By 2030: John Hope Bryant, CEO of Operation HOPE, says the nonprofit, partnering with ...
forbes.com/sites/jabariyoung/2023/08/30/meet-the-entrepreneur-with-a-plan-to-create-one-million-black-businesses-by-2030/
MGM cyber attacks, VR onboarding: Top banking news for September 2023: In September's roundup of top banking news: Truist Financial promises to cut costs by ...
americanbanker.com/creditunions/list/mgm-cyber-attacks-vr-onboarding-top-banking-news-for-september-2023
Paid articlePaid Shares of US banks drop after S&P downgrades some ratings: Shares of several U.S. banks fell on Tuesday, the day after ratings agency S&P Global followed Moody's ...
reuters.com/business/finance/sp-downgrades-multiple-us-banks-citing-tough-operating-conditions-2023-08-22/
'Open.' 'Personal.' 'Inappropriate.': Inside the Truist Leadership Institute: The Truist Leadership Institute is part of a growing corporate leadership-training ...
americanbanker.com/news/open-personal-inappropriate-inside-the-truist-leadership-institute
Paid articlePaidQuick Glance: Truist Leadership Institute: Insights into a Unique Leadership Program
- The Truist Leadership Institute was formed through the merger of the BB&T Leadership Institute and SunTrust Banks in 2019.
- Executives emphasize that the Truist Leadership Institute focuses on building self-awareness: individuals are influenced by the subconscious beliefs developed during childhood, particularly in relation to their parents.
- Banks frequently provide leadership training programs for promising managers.
- Participation in the Truist Leadership Institute is voluntary for managers, but highly encouraged.
Wall St ends lower after bank rating cuts spark wider sell-off: All three major Wall Street benchmarks finished lower on Tuesday in a broad sell-off after the ...
reuters.com/markets/us/futures-inch-lower-banks-slip-after-moodys-downgrade-2023-08-08/
Quick Glance: Moody's lowers credit ratings of 10 US banks, warns of potential cuts to others
- Moody's has lowered credit ratings of multiple US banks and is examining the status of some of the nation's largest lenders.
- Ratings of 10 US banks were reduced by one level, while some banking giants are being reviewed for possible downgrades.
- The outlook for several major lenders was also changed to negative.
- In total, assessments for 27 banks in the sector were altered.
Rising Risk: US Banks Face Deposit Flight Threat With Shrinking Profits - Truist Finl (NYSE:TFC), State S
benzinga.com/news/23/08/33799989/rising-risk-us-banks-face-deposit-flight-threat-with-shrinking-profits
Fitch warns multiple US banks face credit downgrade: report: A Fitch Ratings analyst warned the agency may be forced to downgrade dozens of U.S. banks ...
foxbusiness.com/economy/fitch-warns-multiple-us-banks-face-credit-downgrade-report
Bank Stocks Tumble as Moody's Downgrades Raise the Alarm: Earnings from many banks in the second quarter 'showed growing profitability pressures ...
barrons.com/articles/moodys-banks-downgrade-us-bancorp-state-street-stock-price-35151fd4
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Regional Banks Mixed As Reports Roll In; Truist Delivers Rare Sector Miss: Regional bank stocks largely rallied early Thursday as quarterly results roll in ...
investors.com/news/bank-stocks-regional-banks-mixed-as-reports-roll-in-truist-delivers-rare-sector-miss/
Moody’s Cuts Debt Outlook on US Banks Including Capital One, PNC Amid Strains: Moody’s Investors Service lowered credit ratings for 10 small and midsize US banks ...
bloomberg.com/news/articles/2023-08-08/moody-s-has-more-gloomy-view-on-us-banks-amid-several-strains
Truist (TFC) Faces Expense, Governance Issues, Wells Fargo's Mike Mayo Says: Truist Financial Corp.’s needs to improve expense discipline and governance to ...
bloomberg.com/news/articles/2023-07-31/truist-primed-for-activist-push-on-costs-governance-mayo-says
U.S. bank stocks drop as Moody’s downgrade sours sentiment: The rating agency said rising funding costs, a possible decline in deposit levels and weaker ...
theglobeandmail.com/business/international-business/article-moodys-downgrades-us-banks-warns-of-possible-cuts-to-others/
Paid articlePaid Synovus to sell medical office loans, use proceeds to reduce borrowings: The Columbus, Georgia, bank is selling a $1.3 billion portfolio as part of a plan to pay ...
americanbanker.com/news/synovus-to-sell-medical-office-loans-use-proceeds-to-reduce-borrowings
Paid articlePaid Truist misses profit estimates amid bigger credit-loss provisions: Truist Financial (TFC.N) missed estimates for second-quarter profit on Thursday ...
reuters.com/business/finance/truist-misses-profit-estimates-amid-bigger-credit-loss-provisions-2023-07-20/
Morgan Stanley hires healthcare services banker Cohen from Truist: Morgan Stanley (MS.N) has hired veteran investment banker Daniel Cohen from Truist Financial ...
reuters.com/business/finance/morgan-stanley-hires-healthcare-services-banker-cohen-truist-2023-07-12/
Regional bank yields have fallen but plenty are still paying more than 4%: Dividend yields on banks have come down as shares have recovered, but these names are ...
cnbc.com/2023/07/21/regional-bank-yields-are-down-but-lots-still-pay-more-than-10-year-note.html
Paid articlePaid Truist plans balance-sheet remix to focus on core businesses, clients: Executives of the regional bank say they are zeroing in on its most profitable business ...
americanbanker.com/news/truist-plans-balance-sheet-remix-to-focus-on-core-businesses-clients
Paid articlePaid Amid revenue pressures, Truist plans to accelerate streamlining efforts: CEO Bill Rogers says the North Carolina bank is contemplating additional business ...
americanbanker.com/news/amid-revenue-pressures-truist-plans-to-accelerate-streamlining-efforts
Paid articlePaid How merging banks can avert technology disaster: First Citizens, JPMorgan Chase and New York Community Bancorp have all bought failing banks in recent months ...
americanbanker.com/news/how-merging-banks-can-avert-technology-disaster
Paid articlePaid U.S. regional bank stocks creep higher in skittish trading: Shares of major U.S. regional lenders edged higher on Friday, reversing early losses in skittish ...
reuters.com/business/finance/us-regional-bank-shares-look-recover-bruising-selloff-2023-05-12/
Regional Banks Could Tap Debt Market After Charles Schwab Raised $2.5 Billion in Bonds
bloomberg.com/news/articles/2023-05-22/regional-lenders-to-sell-bonds-after-charles-schwab-deal
Why the shift to online banking is bad for financial system, small businesses: Even though they took a hit following the banking turmoil earlier this year ...
businessinsider.com/online-banking-small-business-trends-deposit-shift-financial-system-impact-2023-6
Paid articlePaid Why the shift to online banking is bad for financial system, small businesses: Even though they took a hit following the banking turmoil earlier this year ...
businessinsider.com/online-banking-small-business-trends-deposit-shift-financial-system-impact-2023-6
Paid articlePaid Banking news roundup: Truist Financial completes sale of insurance division, loses a regional president to Huntington Bancshares ...
americanbanker.com/list/banking-news-roundup-april-14-2023
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