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

APR 4, 2023 - 7:05 am

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

FEB 16, 2023 - 7:18 am

Rogers to Take on CEO Role at Truist as Part of Change to Executive Leadership Team

William H. Rogers Jr., president and chief operating officer of Truist Financial, will succeed Kelly S. King as CEO on Sept. 12 as previously announced in February 2019 as part of the merger of equals that formed Truist. read more

AUG 18, 2021 - 6:47 am