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 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

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