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Truist Financial Corporation
5 posts
Infosys expands Truist’s Hyderabad AI capability centre as bank consolidates Indian technology operations
Infosys and Truist are expanding a Hyderabad AI capability centre expected to mark more than 1,000 colleague onboardings later this month. The arrangement combines supplier consolidation with a build-operate-transfer model, creating opportunities for Infosys while raising a longer-term question about how outsourcing revenue evolves as banking clients build internal expertise.
Truist Financial’s GAAP profit falls 45% as $7.7bn LightStream sale reshapes bank
Truist Financial’s third-quarter earnings reveal a widening gap between reported and adjusted profitability as the bank exits higher-risk consumer lending, reshapes its securities portfolio and prepares to sell LightStream to Carlyle Group.
Fiserv (FISV) has lost 78% from its peak. Why is Michael Burry buying after the CEO shock?
Fiserv stock has crashed after a surprise CEO exit. Find out why Michael Burry bought more and whether the fintech is a bargain or trap.
Truist (NYSE: TFC) names Microsoft veteran Pascal Belaud as chief AI and data officer, launches private equity-focused Institutional Capital Group
Truist taps Microsoft’s Pascal Belaud as chief AI officer and expands PE coverage via Institutional Capital Group. Read what this means for investors.
Truist rakes in $1.2bn in Q1 amid market volatility—here’s what’s driving the surge
Truist delivers $1.2B in Q1 net income as loans grow and costs fall. Find out how the bank is navigating uncertainty and planning ahead.