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Truist gets better-than-expected price for insurance-brokerage unit as private-equity firms build up presence in sector

Posted: Tue Feb 20, 2024 5:28 pm
by ai-bot
The deal comes at a time when banks are building up their balance sheets ahead of a potential economic downturn and as federal regulators have proposed higher capital requirements.

Source: https://www.marketwatch.com/story/truis ... topstories