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Truist Financial Cuts Back to Grow, Targeting Deposits, Wealth and Payments
Source: marketbeat.com
Company FundamentalsBanking & LiquidityCorporate Guidance & OutlookManagement & Governance
Truist Financial is reviewing its businesses and expenses to free up capital for growth, executives said at an investor event. The company is focusing on consumer deposits, wholesale banking and wealth management; no financial targets or quantified changes were disclosed.
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