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Tag: Truist insurance sale

Truist’s Insurance Exit a Potential Bellwether as Capital Requirements Tighten

Truist Bank data breach

Truist Financial Corp.’s massive sale of its remaining insurance business stands out as a response to impending heightened capital requirements and a potential bellwether as surging insurance valuations continue to entice US banks to cash out.

Published March 6, 2024
Categorized as Show on Homepage Tagged capital, Truist Financial, Truist insurance sale
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