what is going on? some markets almost no one left!
7 replies (most recent on top)
We're not investing in Fintech, all that budget was taken away, we're focusing on integrating the existing systems
Middle market being replaced by commercial bankers. They do not want the higher cost more sophisticated bankers. Keep the minions at bay. Build the pyramid scheme.
shaving revenue producing assets will hurt Truist long term as EBITDA will shrink. They think investing in Fintech will bring more ROE but thats a big risk as finding the right Fintech is very hard. They also think money cures any bad press and thats just not true. The cat is out of the bag. Also, middle market bankers are leaving bc they have inexperienced middle market managers. There is a dude in Charlotte that apparently has only been an RM for like 3 years and no one likes him. He is a co--y white male thats been spoon fed his whole life.
I work here and I would never recommend this place to anyone as an employer or a place to bank at! I can’t say that about prior banks I worked at. I would always try to bring people and clients! This place su-ks!!
I just saw on Linked In someone posted about loving to help small businesses and Truist commented about how they love to see. Is this not true?
We had a commercial client furious yesterday over what is happening. He’s supposed to call someone now instead of sitting across from his banker face to face.
They are going to banks that actually care about the clients and treat them right, oh and clients are leaving in droves because no one at SunTruist cares about them. In the last 18 months they have destroyed community banking, intentionally! After all we are an investment bank wannabe.