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Truist selling last chunk of insurance business Now what?

The Charlotte, North Carolina, company has agreed to sell its remaining 80% stake in its insurance brokerage unit to raise billions of dollars in cash and extra capital. The "wild card" is how Truist will deploy them, one analyst says.

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Truist agrees to sell rest of insurance unit for $15 5B

The all-cash sale is expected to close in the second quarter, the groups said. Truist s board voted unanimously to approve the deal.

John howardDavid winokurAlexander yokumBill rogersMike mayoMike maguireSuntrust banks incCarlyle groupTruist insurance holdings incSterling capital managementBarclays global financial services conferenceTruist financial corpBbt corpMubadala investment coGuardian capitalTruist financial

Truist agrees to sell rest of insurance unit for $15 5B

The all-cash sale is expected to close in the second quarter, the groups said. Truist s board voted unanimously to approve the deal.

Alexander yokumDavid winokurJohn howardMike maguireMike mayoBill rogersBarclays global financial services conferenceTruist insurance holdings incSterling capital managementCarlyle groupSuntrust banks incGuardian capitalMubadala investment coBbt corpTruist financial corpTruist financial

Truist agrees to sell rest of insurance unit for $15 5B

Truist agrees to sell rest of insurance unit for $15 5B
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Alexander yokumMike mayoBill rogersDavid winokurJohn howardMike maguireBbt corpCarlyle groupTruist insurance holdings incSterling capital managementSuntrust banks incGuardian capitalMubadala investment coBarclays global financial services conferenceTruist financial corpTruist financial

Truist Financial sale of insurance unit imminent - report

Truist Financial sale of insurance unit imminent - report
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