Truist completes selling 20% stake in insurance subsidiary
Truist Financial Corp. said Monday it has completed selling a 20% stake in its insurance subsidiary to a private-equity group for $1.95 billion.
Stay updated with breaking news from Stone Point. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Truist Financial Corp. said Monday it has completed selling a 20% stake in its insurance subsidiary to a private-equity group for $1.95 billion.
CHARLOTTE, N.C. and GREENWICH, Conn., April 3, 2023 /PRNewswire/ -- Truist announced today that it has completed the previously announced sale of a 20% stake in Truist Insurance Holdings, LLC, a... | June 21, 2023
Fort Henry Capital LLC lifted its holdings in iShares Core S&P Small-Cap ETF (NYSEARCA:IJR – Get Rating) by 2.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 158,960 shares of the exchange traded fund’s stock after purchasing an additional 3,490 shares during […]
The publicly offered tax-exempt debt product is new for the firm and the collateralized debt obligation structure may be one of the first for the market since the 2008 financial crisis.
Stone Point Wealth LLC lowered its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Get Rating) by 4.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 42,054 shares of the company’s stock after selling 1,971 shares during the quarter. Stone Point Wealth LLC’s […]