CEO sounds like a broken record. Issue now is he is ki-ling insurance operation. Producers are actively looking for new opportunities outside Truist. All stock incentives provided have been a bust and clients don’t want to be a with a broker that is treated as an option if he is going to sell it do it now and quit taking about it. What clients want to do business with a broker that has zero direction
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Guess old bill didn't pay attention to the Citi and Travelers.....merger of equals......that lasted about 2 years too. Who knew that bank clients didn't want to buy insurance from the bank....oh wait all of us since 1998
You mistakenly think he cares about insurance. Stone Point has had since February to pull together financing to finish the purchase. When it happens these vultures will likely destroy it pretty quickly. Then Buffet will scoop up the pieces for his insurance empire.