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The North Carolina bank agreed to offload Sterling Capital Management to Guardian Capital Group in Toronto. It's the latest step in the effort to simplify Truist.
Truist Financial Corp.’s divesting of its student loan holdings has continued with the sale of a portfolio valued at $415 million to private-equity firm Carlyle Group, multiple media outlets reported
Big banks still face challenges. Analysts at KBW favor those with 'inexpensive balance sheets' that can benefit from two industry trends.
A Raleigh community bank is taking a decidedly old-school, shoe-leather approach as it enters a highly competitive Triad marketplace.
Since BB&T Corp. completed its $33.4 billion purchase of SunTrust Banks in December 2019 to form Truist, the bank’s workforce is down 12.4%, or by at least 7,357 positions from