Truist CEO Rogers silent on insurance sale but says bank now has ‘strategic’ flexibility
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Truist CEO Rogers silent on insurance sale but says bank now has ‘strategic’ flexibility

Jairo Ibarra
October 19, 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Truist logo financials.jpg

Following the minority-stake sale of Truist Insurance to Stone Point earlier this year, Truist now has “financial and strategic flexibility” to respond to an uncertain market, chairman and CEO Bill Rogers told analysts on the bank's Q3 call.

The executive declined to comment on reports that the company is looking to sell the remaining of its insurance arm to Stone Point less than a year after the minority stake deal.

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Truist M&A Brokers Earnings
jairo ibarra/jairo ibarra ii us.png
Jairo Ibarra
Senior Reporter
Contact
Gift this article