TFC News and Press, Truist Financial Corporation From 11/15/23

2023-11-15 07:15:00 ET Summary Americans are increasingly worried about job losses, and long-term inflation expectations are at a 12-year high. Leading economic indicators suggest a potential recession within three months, while unemployment is predicted to rise, and stagflation i...

2023-11-14 17:15:59 ET More on Truist Financial Truist Financial Q3: Cracks Are Appearing Truist Financial: Top Value Pick From Beaten-Down Banks Truist Financial Q3 earnings just beat consensus; sees Q4 revenue flat to down 1% For further details see: Tr...

Truist names Beau Cummins chief operating officer and Dontá Wilson chief consumer & small business banking officer; hires Kristin Lesher as new chief wholesale banking officer Truist names Beau Cummins chief operating officer and Dontá Wilson chief consumer & small bus...

2023-11-14 12:42:17 ET More on Wells Fargo Wells Fargo & Company (WFC) presents at The BancAnalysts Association of Boston Conference 2023 (Transcript) Wells Fargo Is Developing A Big Problem Wells Fargo Q3: Risks Are Growing (Rating Downgrade) Wells Fargo...

2023-11-14 12:30:28 ET Redfin (NASDAQ: RDFN) , Upstart Holdings (NASDAQ: UPST) , and Truist Financial (NYSE: TFC) are all in different businesses, but all three have come under pressure over the past year due to rising rates. Wall Street received an indication th...

2023-11-11 16:13:00 ET More on the U.S. Banking Sector Banks, Federal Reserve need to be ready for bank liquidity stresses: Dallas Fed's Logan Silicon Valley Bank was not a one-off, many more banks will fail - Duke professor Liquidity Is Still An Issue For Our Banks ...

2023-11-11 04:19:18 ET Summary Many banks have reported significantly larger unrealized securities losses in 3Q as interest rates rose in the quarter. The unrealized losses have grown so large as to be orange flags for a few banks. One of the reasons there could be new increas...

Grant will expand the nonprofit's Latinx in Business initiative to three new markets across the U.S. TAMPA, FL / ACCESSWIRE / November 9, 2023 / Truist / Today, Truist Foundation announced a $250,000 grant to UnidosUS , the nation's largest Latine civil rights organization, to support its...

Mendoza Ventures closes Truist Ventures' investment for its $100M Early Growth Fintech fund PR Newswire BOSTON , Nov. 8, 2023 /PRNewswire/ -- Mendoza Ventures , a female and Latinx-founded Fintech, AI, and Cybersecurity Venture Capital firm, today announced that ...

2023-11-06 11:54:44 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Bank stocks are down badly this year. Borrowing costs are sky-high, cutting into net interest income. Likewise, higher yields are pushing “old bond” values down and increasing...