Thread regarding Truist Bank layoffs

Potential sale of AFCO

Do we really think it will actually be for sale? I’m just curious on why a media statement was necessary if they are just thinking about selling?

#Divestiture #CorporateStrategy #Rumor
by Anonymous
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Post ID: @OP+1m5zsqfp6
Comment! It's anonymous!

3 replies (most recent on top)

It’s as good as sold if they can find a buyer. The playbook is to slice as many arteries as possible from this bank to get it leaner in an attempt to sell it.

by Anonymous
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Post ID: @d4+1m5zsqfp6

@af AFCO credit, they are a subsidiary of truist

by Anonymous
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Post ID: @ap+1m5zsqfp6

@OP what is AFCO?

by Anonymous
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Post ID: @af+1m5zsqfp6

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