Under pressure, Truist cutting size of its board, reports Business North Carolina
Truist Financial is cutting its board of directors from 21 to 13 directs effective Dec. 31. Here’s what’s happening.
Read MorePosted by WRAL TechWire | Oct 2, 2023
Truist Financial is cutting its board of directors from 21 to 13 directs effective Dec. 31. Here’s what’s happening.
Read MorePosted by WRAL TechWire | Aug 25, 2023
JPMorgan Chase & Co hired Jamie Barwick as executive director and eastern North Carolina market executive for middle market banking. He’s an MBA from UNC’s Kenan-Flagler Business School.
Read MorePosted by WRAL TechWire | Aug 3, 2023
First Citizens Bank delivered results that topped Wall Street expectations in its latest earnings report – the first quarter of business since acquiring Silicon Valley Bank in March.
Read MorePosted by WRAL TechWire | Aug 1, 2023
Chase Bank is going to keep growing its presence across North and South Carolina with new branches upgrades to others, the largest bank in the U.S. said Tuesday.
Read MorePosted by WRAL TechWire | Jul 26, 2023
It’s earnings season with North Carolina-based Highwoods, Live Oak Bancshares and Nucor reporting their latest quarterly updates. And they met or topped analysts’ expectations.
Read MorePosted by WRAL TechWire | Jul 20, 2023
Bill Rogers, Truist’s Chairman & CEO, didn’t have a lot of positive news to discuss after the Charlotte-based bank announced earnings on Thursday. In fact, Truist missed Wall Street estimates.
Read MorePosted by WRAL TechWire | Jul 18, 2023
Bank of America said its profits grew 19% in its most recent quarter, the latest of the big banks to see its bottom line boosted by higher interest rates. And its CEO praised the performance as one of the strongest in BofA’s history.
Read MorePosted by WRAL TechWire | Jul 14, 2023
San Francisco-based Wells earned $4.9 billion, or $1.25 per share in the period, on $20.5 billion in revenue. That beat Wall Street analysts’ targets, which called for profit of $1.16 per share on $20.1 billion in revenue.
Read MorePosted by WRAL TechWire | Jul 11, 2023
Silicon Valley Bank – now owned by Raleigh NC based First Citizens Bank – failed because regulators were far too slow to take action, San Francisco Federal Reserve Bank President Mary Daly said Monday in her first extended remarks about the collapse.
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