Truist Financial

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 investors — and burnish their images.

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.

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

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

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