Thread regarding Truist Bank layoffs

Truist is the Bud Light of banking

Management sounding so smart while they talk to themselves in front of you. it sounds so good it has to be right. Until it isn’t. We are in the ‘Isn’t’ part now.

At least the dividend is safe. I guess the $1.6-$1.9B in cost saves isn’t happening. I am saving paperclips as hard as I can.

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| 26131 views | | 3 replies (last August 3, 2023) | Reply
Post ID: @OP+1nVHevDZ

3 replies (most recent on top)

They realize their lending strategy is not fundamentally sound. It is all going thru the motions to create political cover all the while getting 27% salary increases with zero culpability…

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Post ID: @qxw+1nVHevDZ

It's time to drop Truist like a used rubber!

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Post ID: @thx+1nVHevDZ

Their commercials are geared towards the d-mbest people on the planet, which is a clue. Why aim to loan money to the least successful people? It's clear they're onboard with the whole ESG/DEI agenda. If I was a customer and saw those id--tic commercials I'd move my money to another bank.

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Post ID: @ndo+1nVHevDZ

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