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

Jairo Ibarra
October 19, 2023
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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.

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Jairo Ibarra
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