News Releases - Truist Newsroom
WEBAug 15, 2024 · View recent releases to stay up-to-date on Truist news.
Why the feds praised Truist while hitting the bank with more than …
WEBAug 19, 2024 · Truist is paying $5.5 million to the SEC and $3 million to the commodity commission for recordkeeping and supervision violations related to use of unapproved communications methods for broker...
Truist CEO on cost cuts: We needed ‘a shock to the system’
WEBMay 31, 2024 · Truist CEO Bill Rogers on Thursday said the bank remains focused on streamlining expenses after announcing “sizable reductions” last year. “We felt we needed to have a little bit of a shock to the system,” Rogers said Thursday at …
Truist announces planned capital distributions and stress capital ...
WEBJun 28, 2024 · Truist's board of directors has authorized a $5 billion share repurchase program through 2026 as part of the Company's overall capital distribution strategy, with share repurchases expected to...
Truist Lowers Prime Lending Rate in Tandem With Fed's Rate Cut - U.S. News
WEB5 days ago · US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. ... Truist Financial said on Wednesday that the bank has lowered its prime lending rates by 50 ...
Truist Newsroom | Our Company
WEBGet the latest news and media updates from Truist. Truist Financial Corporation is dedicated to relentlessly building a better future—for its clients, teammates and communities. Created in 2019 through the historic merger of equals of BB&T and SunTrust, Truist is one of the nation’s largest financial institutions.
US bank Truist plans 'sizable' job cuts to save $300 million in costs
WEBSept 11 (Reuters) - Truist Financial (TFC.N) is planning "sizable reductions" to its workforce over the next few months to save roughly $300 million in costs and said the bank's revenue for the...
Truist misses profit estimates amid bigger credit-loss provisions
WEBJul 20, 2023 · Truist Financial missed estimates for second-quarter profit on Thursday, as the bank set aside more rainy-day funds to cover for potential defaults in a tough economy.
News Releases - Truist Newsroom
WEBAug 15, 2024 · Truist completes sale of Truist Insurance Holdings and executes strategic balance sheet repositioning. Truist Financial Corporation (NYSE: TFC) today announced the completion of the previously announced sale of its remaining stake in Truist Insurance Holdings, the fifth largest insurance brokerage... May 1, 2024.
Truist pushes ambitious reorganization in $750M cost-cutting plan
WEBNov 6, 2023 · Truist CFO Mike Maguire suggested that a wide-ranging revamp of the company’s organizational structure will be key to realizing $750 million in cost savings.
Skip to content