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Truist Financial Corp. chairman and chief executive William Rogers Jr. received a 27.3% jump in fiscal 2022 total compensation to $13.24 million, the bank reported Monday in a regulatory filing.
Most of the national and super-regional banks serving the Triad were caught in Monday's riptide from the sudden collapse and federal takeover of Silicon Valley Bank over the weekend.
TD Bank Group’s proposed $13.4 billion megadeal for First Horizon Corp. no longer has a closing date.
After some decent gains this year, the financials sector could draw suitors aplenty from the investor crowd as 2023 progresses.
Truist Financial Corp. announced Thursday it is selling a 20% stake in its insurance subsidiary to a private-equity group for $1.9 billion.