Truist Financial Corp.

Truist Financial’s Digital Transactions Leap 13%
Truist Financial’s Digital Transactions Leap 13%
April 22, 2024  |  Earnings

Digital channels continue to gain adherents in financial services, as Truist Financial Corp.’s latest earnings results showed Monday (April 22). Earnings supplementals revealed that mobile...

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Truist Financial Plans ‘Sizable Reductions’ in Jobs, $750 Million Cut in Expense
Truist Financial Plans ‘Sizable Reductions’ in Jobs, $750 Million Cut in Expense
September 11, 2023  |  Economy

Truist Financial will make “sizeable reductions” in its workforce from the third quarter through the first quarter of 2024. This is part of an effort to...

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SVB CEO and Finance Chief Tender Resignations
SVB CEO and Finance Chief Tender Resignations
April 24, 2023  |  News

The chief executive and CFO of Silicon Valley Bank’s parent company have stepped down. Gregory Becker, CEO of SVB Financial Group, resigned from that role...

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Congress Drills Bank Brass on Authorized Push Payments Fraud
Congress Drills Bank Brass on Authorized Push Payments Fraud
September 23, 2022  |  Bank Regulation

The top brass of the country’s seven biggest financial institutions faced lawmakers in a second meeting on Capitol Hill about accountability, consumer protection, and compliance,...

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