Thread regarding Truist Bank layoffs

Anyone remember this post?

In one previous post was this comment. Find this person and nominate them for CEO..they got it figured out.
“ So Bill n Beau n Mike having spent the last two years putting Suntrust people in most leadership roles at all levels and spending like drunken sailors on shore leave on play toys like a game boy banking app, selling part of its most consistent revenue producer, losing business in every segment are suddenly going to right the ship with a new game plan. So this is how Bill saved Suntrust, sc--w it up, get paid handsomely, then convince everyone you can fix it, get paid again, then merge with someone. Wow! What a gig these wanna be investment bankers have going.”

Sep 14 by Scr*wed by Suntrust

by
| 21941 views | | 6 replies (last November 12, 2023) | Reply
Post ID: @OP+1pwBxjX1

6 replies (most recent on top)

Small correction. BB&T didn’t get bamboozled by SunTrust, Kelly King did. Everyone I know in the bank a few levels down from EL knew that merging with SunTrust was a terrible idea. No one ever left BB&T for SunTrust because we knew how toxic their culture was. Kelly wanted to go out with a bang but it turned out to be a wet fa-t. Great job Kelly.

by
| | Reply
Post ID: @2zre+1pwBxjX1

This entire EL team should be in jail.

by
| | Reply
Post ID: @2ukt+1pwBxjX1

Don’t forget the word salad in every PowerPoint. Stackhands and dropping share price is our North Star.

by
| | Reply
Post ID: @tsa+1pwBxjX1

He won’t find anyone he can con like Kelly again. It is still mind blowing how the purchasing organization becomes the loser. Gotta give BR credit for fleecing the old tent preacher and an entire BOD.

by
| | Reply
Post ID: @zgm+1pwBxjX1

Gotta hand it to Mr. Bill, selling your bank but still taking the helms. BBT got bamboozled by their southern counterpart.

by
| | Reply
Post ID: @vte+1pwBxjX1

He will try and sell truist if given the chance. Rumors were strong he almost sealed a merger of equals with Regions bank back in 2015. Hands were shaken. The deal was agreed but fell apart last minute when some details the lawyers got hung up on. He was actively trying to sell Suntrust for years and found a buyer in Kelly King. Wouldn’t shock me if he plays the same hand again or tries to.

by
| | Reply
Post ID: @gue+1pwBxjX1

Post a reply

: