Truist Stock Pops on Reported Insurance Business Sale. Why It’s Still a Buy.

Truist Stock Pops on Reported Insurance Business Sale. Why It’s Still a Buy.

Banks Follow-Up By Jacob Sonenshine Oct 10, 2023, 12:27 pm EDT Share Reprints Financial (TFC) stock is rising following reports that it will sell its insurance business. The stock remains a buy.  Continue reading this article with a Barron’s subscription. View Options Source link credite

More trouble ahead for U.S. banks

More trouble ahead for U.S. banks

Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. Beset by worriesMajor U.S. indexes tumbled, weighed down by losses in … Read more

More obstacles for U.S. banks

More obstacles for U.S. banks

A woman walks past JPMorgan Chase & Co’s international headquarters on Park Avenue in New York. Andrew Burton | Reuters This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you … Read more

More signs the Fed might stop hiking

More signs the Fed might stop hiking

A scene at the World Harvest Food Bank in Los Angeles, CA on July 27, 2023. Katie McTiernan | Anadolu Agency | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more

More signs the Fed might stop hikes

More signs the Fed might stop hikes

A shopper makes their way through a grocery store on July 12, 2023 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where … Read more