Truist Financial

Truist’s marketing pact with NFL has social justice hook

01/14/21

A sponsorship deal between the regional bank and the league will emphasize economic empowerment and financial education. It's a good example of how corporations increasingly seek to associate their brands with a cause or purpose, experts say.

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Truist selling its institutional investment businesses

01/06/21

The North Carolina regional has sold an advisory business and has found buyers for two 401(k) bookkeeping operations.

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Truist selling its institutional retirement businesses

01/06/21

The North Carolina regional has sold an advisory business and has found buyers for two 401(k) bookkeeping operations.

[more]

Banks can’t ride fee income gravy train much longer

12/17/20

Noninterest income has bolstered profits this year. But its growth is expected to slow over the next two years, making for a gloomy earnings outlook unless vaccine distributions and the economic recovery are relatively swift.

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Truist bulks up its insurance business

12/07/20

The company's insurance arm, which recently bought a Texas-based insurance tech firm, is on pace to complete five deals this quarter.

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Truist hires JPMorgan’s Sal Karakaplan to head new Enterprise Payments Group

11/16/20

Truist Financial Corp. has hired Sal Karakaplan to head its newly formed Enterprise Payments Group, which will be responsible for driving and executing a coordinated strategy across Truist’s various payments businesses.

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Fearing protests, financial firms batten down on Election Day

11/03/20

Some banks and credit unions boarded up branches and closed early in anticipation of unrest tied to the tense presidential race.

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Fearing protests, banks batten down on Election Day

11/03/20

Some banks and credit unions boarded up branches and closed early in anticipation of unrest tied to the tense presidential race.

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Truist boxed in on cost cutting

10/15/20

The North Carolina company had promised regulators not to close large numbers of branches until December. Meanwhile, vendor contracts, leases and other hurdles have made it hard to accelerate efforts to offset a sudden decline in revenue.

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What's driving skyrocketing demand for boat, RV loans

10/07/20

Many consumers are taking to the highways and the water for safe getaways during the pandemic — powering one of the few bright spots in lending. However, bankers warn that boomlets usually come with distinctive credit risks.

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