Thoughts on the new and “improved” Truist CRE? CRE portfolio managers and analysts resigning left and right. Hundreds of millions of dollars of RE secured loans going unmonitored. Management stinking up the place.
7 replies (most recent on top)
The amount of people who have left is just the tip of the iceberg.
CRE leadership is exclusively STI people. Results are no surprise. Investment bankers what a laugh.
When it's run by those who don't fully understand CRE, it's to be expected. Truist CRE leadership is the laughing stock of the industry.
Funny thing is CRE is already reaching out to newly riffed “Teammates” trying to get some of them back. You can’t make this sh*t up.
Just another tricky day for you, fella.
Hey I know a number of PM’s who once worked at, never mind they all moved on or were riffed and are happily employed elsewhere away from this circus. Don’t forget you’re an investment bank now CRE is so old school!
Meet the new boss, same as the old boss.