News Topic: Truist Financial
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Digital Banker of the Year: Truist's Dontá Wilson
Most Powerful Women to Watch: No. 3, Truist Financial's Ellen Fitzsimmons
2021 bank reputation survey: Goodwill humming
Truist, set to buy consumer lender, is cutting ties with GreenSky
Truist buying home improvement lender for $2 billion
Truist leans into fee businesses to counter margin pressure
Truist, Varo join effort to bolster Americans’ emergency savings
Truist commits $20 million to expand financial education
Banks can be 'fast followers' in AI: Truist CIO
Truist accelerates branch cuts, closes in on expense targets
Truist is first regional bank to issue a social bond. It won’t be the last.
Big banks led the push to offer multibillion-dollar bonds that fund affordable housing, education and nonprofits that serve needy communities. But Truist’s recent $1.25 billion bond is a sign that regionals want to attract progressive institutional ... Read full article
Truist spending $1.8 billion on tech, customer service upgrades
The investments, part of a post-merger effort to wring out more profits, include new commercial and mortgage lending platforms. ... Read full article
Truist’s marketing pact with NFL has social justice hook
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. ... Read full article
Truist selling its institutional retirement businesses
The North Carolina regional has sold an advisory business and has found buyers for two 401(k) bookkeeping operations. ... Read full article
Truist selling its institutional investment businesses
The North Carolina regional has sold an advisory business and has found buyers for two 401(k) bookkeeping operations. ... Read full article
Banks can’t ride fee income gravy train much longer
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. ... Read full article
Truist bulks up its insurance business
The company's insurance arm, which recently bought a Texas-based insurance tech firm, is on pace to complete five deals this quarter. ... Read full article
Truist hires JPMorgan’s Sal Karakaplan to head new Enterprise Payments Group
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. ... Read full article
Fearing protests, financial firms batten down on Election Day
Some banks and credit unions boarded up branches and closed early in anticipation of unrest tied to the tense presidential race. ... Read full article