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The North Carolina-based company said it expects to close about 4% of its branch network, or roughly 80 offices, by the end of the first quarter. The closures come amid Truist's $750 million cost-cutting initiative.
January 3 -
When it comes to branch cleanliness and mask-wearing, the San Francisco bank is more diligent than its rivals in helping to reduce the spread of coronavirus, according to a new study.
September 4 -
The Minneapolis company said 75% transactions have been handled online since the pandemic hit.
July 15 -
The moves are part of a plan CEO Rajinder Singh discussed in a conversation with American Banker.
May 17 -
The cuts are part of a broader effort to trim expenses by roughly $3 billion a year by 2020.
September 20 -
The financial services industry and community reinvestment advocates both praised the Treasury Department’s recommendations for reforming Community Reinvestment Act enforcement.
April 3 -
The Michigan company, which lost more than $1.4 billion in the aftermath of the financial crisis, is trying to become more of a commercial lender. Its recent agreement to buy a deposit-rich franchise in California could help it get there.
November 21 -
The hurricane was expected by many to deliver catastrophe. Instead, bankers are largely looking to restore power and confirm the status of employees.
September 11