Truist Bank earns 3.7 out of 5 stars in our review. It has a wide array of deposit accounts, but branch locations are mostly confined to the Southeast. Truist Financial Corporation (NYSE: TFC) recently announced a definitive agreement to sell its remaining asset-management subsidiary. This move is part of the bank's strategy to realign and optimize its resources in the current market environment.
When Trey Smith was in his 20s, he seemed to have the world by the tail, owning and managing several amusement parks that were scattered across the country. However, his recent decision to join a financial advisory team at RBC Wealth Management's Wilmington office showcases a shift towards a more stable and long-term career path.
SunTrust Investment Services recently agreed to a $14 million settlement to resolve claims of discrimination against Black employees. This settlement highlights the importance of diversity and inclusion within the financial industry and serves as a reminder for companies to prioritize equitable practices.