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Truist Financial is a bank holding company formed by the merger of BB&T and SunTrust in 2019. It offers banking, securities, insurance and other services in 15 states and Washington, D.C., and is the 9th largest bank in the U.S.
William H. Rogers Jr. is the chairman and CEO of Truist Financial Corporation, the sixth largest U.S. bank created by a merger of equals between SunTrust and BB&T. He started his career at SunTrust in 1985 and became its CEO in 2011, and then Truist CEO in 2021.
A table of the 100 largest bank holding companies in the U.S. ranked by total assets and market capitalization as of March 31, 2024. The list excludes some foreign banks with branches in the U.S. and defunct or acquired banks.
Truist bank plans to close more branches in the Charlotte region, as well as elsewhere in North Carolina, as the bank grapples with $750 million in companywide cuts, including layoffs.
A partial list of major banking company mergers in the United States from 1900 to 2019, with the year, acquirer, acquired bank, merged entity, transaction value and ultimate successor. See the details of each merger and the historical context of the banking industry.
Truist Plaza is a 60-story skyscraper in downtown Atlanta, designed by John C. Portman Jr. and built in 1992. It is the second-tallest building in Atlanta and the headquarters of Truist, a merger of SunTrust Banks and BB&T.
BB&T was a large banking and financial services firm in the US, founded in 1872 and based in North Carolina. It merged with SunTrust in 2019 to form Truist, the eighth-largest U.S. bank, with headquarters in Charlotte.
LightStream is a division of Truist Bank that offers unsecured personal loans to people with good credit. It was founded in 2012 as FirstAgain and rebranded in 2013 as LightStream, after being acquired by SunTrust Bank.
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