Truist defers more cost cuts to 2022


The company has revised its near-term forecasts for reducing expenses, citing delayed branch closings and a decision to spend more time testing systems ahead of conversion and integration.


Truist unveils logo that emphasizes high-touch, high-tech focus


The regional bank, formed from the merger of BB&T and SunTrust, will begin marketing its new brand in conjunction with next month’s Super Bowl.


Truist innovation lab will put customers at center of product development


Clients will have an active role in testing new products and services at the regional giant formed by the merger of BB&T and SunTrust, says Chairman and CEO Kelly King.


Bay Banks hires former BB&T market president for new strategic post


Michael Troutman will serve as chief revenue officer at Bay Banks of Virginia, where he will advise management and the board on growth opportunities.


What Truist pressure? Regionals insist they're in no rush to merge


BB&T and SunTrust showed that big-bank mergers are still possible, but top executives at other large regional banks say that a knee-jerk response would be a mistake.


Truist rising: With megamerger done, pressure on to deliver


Cost cutting and systems integrations are short-term priorities, but over time CEO Kelly King and his heir apparent, Bill Rogers, will have to exploit the combined BB&T-SunTrust's revenue potential and prove the biggest post-crisis merger was a good idea.


Warren releases plan to overhaul bank merger approval process


Sen. Elizabeth Warren introduced a bill to require CFPB approval for certain bank merger applications in the wake of regulators' approval of a deal between BB&T and SunTrust.


How one storage unit became one big mess for BB&T, Hitachi


A 15-hour shutdown of online banking, mobile banking, ATMs and wire transfers was caused by a single data storage unit. BB&T's lawsuit blames the vendor, but the bank may have left itself too exposed to equipment failure.


BB&T sues vendor Hitachi Vantara over costly 2018 outage


BB&T has said the outage, which blocked customers' account access for hours, cost it about $20 million.


USAA's win vs. Wells, BB&T-SunTrust's green light, GSE reform: Top stories of the week


USAA won $200M from Wells Fargo in patent fight — will others be on the hook?; three takeaways from regulators' approval of the BB&T-SunTrust merger; don't believe the doom and gloom on Fannie, Freddie; and more from this week's most-read stories.