WebFeb 16, 2024 · Truist Financial Corp is selling a minority stake in its insurance brokerage unit to private equity firm Stone Point Capital in a deal that values the unit at $14.75 billion, it said on Thursday. WebMar 14, 2024 · Truist's cash flows are also set to decline over the coming quarters due to the sharp rise in deposit rates. The bank ended last quarter with record net-interest margins of 3.25%, backed by an ...
Truist to sell 20% stake in $14.75 bln insurance unit to Stone Point
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Truist Bank Credit Ratings :: Fitch Ratings
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