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Pattern Energy Group Closes $11B in Financing for Clean Energy Infrastructure Project

Pattern Energy Group closed an $11 billion non-recourse financing for and began full construction of SunZia Transmission and SunZia Wind, which, according to Pattern Energy Group, is the largest clean infrastructure project in U.S. history. read more

Truist Appoints Stengel Chief Legal Officer

Scott A. Stengel will join Truist Financial on Dec. 26 as senior executive vice president and chief legal officer, succeeding Ellen M. Fitzsimmons, who previously announced her plans to retire at the end of this year. read more

Truist Names Cummins COO as Part of Executive Leadership Transformation

Beau Cummins, vice chair of Truist Financial, will assume the role of chief operating officer immediately. In addition, Truist named Dontá Wilson chief consumer and small business banking officer and hired Kristin Lesher as chief wholesale banking officer. read more

Truist Invests $17MM in Affordable Housing and Career Development in North Carolina

Truist Financial and Truist Foundation announced $17 million in commitments to support affordable housing in Charlotte, NC, and career development and economic mobility programs across North Carolina. read more

Truist Completes Sale of 20% Stake in Truist Insurance Holdings to Stone Capital

Truist completed its previously announced sale of a 20% stake in Truist Insurance Holdings, a subsidiary of Truist, to funds managed by Stone Point Capital, a private equity firm focused on the global financial services industry, for $1.95 billion, representing an aggregate value of $14.75 billion. read more

Truist Sells 20% Stake in Truist Insurance Holdings to Stone Point Capital for $1.95B

Truist agreed to sell a 20% stake in Truist Insurance Holdings to funds managed by private equity firm Stone Point Capital for $1.95 billion. read more

Truist Foundation Donates $1MM for Hurricane Relief in Florida

The Truist Foundation is donating $1 million to support relief and recovery efforts for communities impacted by Hurricane Ian in Florida. read more

Truist Names Maguire as CFO

Mike Maguire, Truist's chief consumer finance and payments officer, has been named chief financial officer effective Sept. 15. Maguire succeeds current Truist CFO Daryl Bible, whose retirement was announced in May and who will remain at Truist during a transition period. read more

Bible to Retire as CFO of Truist

Daryl Bible, CFO of Truist Financial, will retire after a 38-year career, including more than 14 years at Truist. As Truist conducts the search for its new CFO, Bible will continue to serve in his current role to support the transition. read more

Truist Sets Goal of Net Zero Greenhouse Gas Emissions by 2050

Truist plans to achieve net zero greenhouse gas (GHG) emissions by 2050, furthering the company's aspiration to support the transition to a low-carbon economy. read more

Truist Names DeMaio Chief Audit Officer

Truist Financial appointed Denise M. DeMaio chief audit officer, effective Feb. 28. DeMaio will lead Truist's internal audit function and provide counsel to senior management on emerging risk trends from the vantage points of governance, processes, technologies and reporting.      read more

BB&T, SunTrust Complete Merger, Relaunch as Truist

BB&T and SunTrust Banks completed their merger of equals and relaunched as Truist Financial, the sixth largest U.S. commercial bank. read more

BB&T and SunTrust Merger Will Create Truist

BB&T and SunTrust Banks will create Truist, the newly announced name for the combined company to be created through their merger of equals. read more

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