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

According to Truist’s annual Small Business Pulse survey, supply chain issues have prompted small business owners to search for new supply sources, use local suppliers and adjust delivery schedules, while 90% of respondents have taken action to address for inflation. read more

APR 29, 2022 - 7:23 am

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

JAN 28, 2022 - 6:36 am

Truist Financial hired Howard Whyte as chief information security officer. Whyte was most recently chief information security officer and vice president of information security for Boeing and previously worked for the FDIC, Goldman Sachs and NASA. read more

JAN 14, 2022 - 6:05 am

Following a challenging year marred by the impact of the COVID-19 pandemic, business owners are optimistic about the next six months and are re-examining their business and financial strategies, according to a survey from Truist. read more

APR 29, 2021 - 7:09 am