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Truist selling stake in insurance brokerage for $15 5 billion

Truist selling stake in insurance brokerage for $15 5 billion
charlotteobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from charlotteobserver.com Daily Mail and Mail on Sunday newspapers.

Truist announces $15 5 billion deal to sell remaining stake in insurance business

The sale is expected to bolster the Charlotte bank’s balance sheet and comes months after Truist announced “sizable” layoffs were coming.

Under pressure, Truist cutting size of its board, reports Business North Carolina

Truist Financial is cutting its board of directors from 21 to 13 directs effective Dec. 31. Here's what's happening.

Sizable layoffs planned by Truist bank as part of $750 million in cuts – The Virginian-Pilot

Charlotte-based Truist bank warned at an investors conference this week that it will make “sizable reductions” in its workforce as part of $750 million in companywide cuts in expenses.

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