Truist Financial expanded its commercial banking teams across Ohio and Western Pennsylvania to support Truist’s ability to generate new clients and deepen existing relationships in the region. read more
JUN 12, 2025 - 12:52 am
Clarke R. Starnes III is retiring as vice chair and chief risk officer of Truist Financial, following a 42-year career at the bank. Brad Bender, a 20-year Truist veteran, will succeed Starnes as chief risk officer, reporting to Truist chairman and CEO Bill Rogers. read more
NOV 14, 2024 - 5:55 am
Truist Financial hired Kerry Jessani as head of mid-corporate banking. Jessani will build and lead a coverage team focused on delivering industry-based expertise and solutions to private and public companies across the United States. read more
NOV 5, 2024 - 5:52 am
Truist Financial named Steve Hagerman its new chief information officer. Hagerman will join Truist on Oct. 28, reporting to chairman and CEO Bill Rogers. He will lead the enterprise technology team, shaping and executing a strategic vision for the bank’s technology future. read more
AUG 9, 2024 - 6:19 am
Powersports finance company Sheffield Financial, a division of Truist, and Kawasaki Motors, a manufacturer of motorcycles, ATVs, side by sides vehicles and Jet Ski personal watercraft, extended their long-term retail financing partnership. read more
APR 5, 2024 - 6:43 am
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
NOV 15, 2023 - 7:17 am
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
AUG 11, 2023 - 7:11 am
Channel entered into a new $75 million credit facility with Truist. The $75 million commitment provides financing for both working capital and equipment finance originations. read more
APR 25, 2023 - 7:16 am
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
Last week, 11 banks, including Bank of America, Citigroup, JPMorgan Chase and Wells Fargo, combined to make $30 billion in uninsured deposits in First Republic Bank to display confidence in the U.S. banking system following the collapse of Silicon Valley Bank. read more
MAR 20, 2023 - 7:22 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
The Truist Foundation is donating $1 million to support relief and recovery efforts for communities impacted by Hurricane Ian in Florida. read more
SEP 30, 2022 - 6:50 am
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
SEP 9, 2022 - 7:38 am
Dominica Groom Williams joined Truist as head of diversity, equity and inclusion. Groom Williams will be responsible for leading bank-wide strategic inclusion and diversity initiatives, reporting to Kimberly Moore-Wright, chief teammate officer and head of enterprise diversity. read more
JUL 27, 2022 - 7:22 am
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
MAY 23, 2022 - 7:19 am