Breaking News: TFC – Market Insights, Analysis & Latest Updates

US mid-sized banks ride industry upswing on robust fee income

U.S. banks report higher fourth-quarter profits due to strong investment banking activity, despite lower loan demand and concerns about future inflation and interest rate cuts.

investing.com • 17/01/2025 - 14:18 PM

TFC

Truist beats quarterly profit estimates on investment banking gains

Truist Financial surpassed Q4 profit estimates due to strong investment banking and trading, alongside increased merger activity and positive economic conditions.

investing.com • 17/01/2025 - 12:32 PM

UBS updates top picks, adds Bank of America, Truist

UBS revised its top investment picks, adding Bank of America and Truist Financial, while also adjusting selections in energy and utilities, citing market conditions.

investing.com • 28/10/2024 - 12:49 PM

Analysis-Rate cuts to accelerate US banks' move to higher-yielding investments

U.S. banks are selling low-yield securities and investing in higher-yield ones as interest rates fall, improving profitability and liquidity amid ongoing Federal Reserve rate cuts.

investing.com • 24/10/2024 - 10:04 AM

TFC

Truist lowers prime lending rate in tandem with Fed's rate cut

Truist Financial has reduced its prime lending rates by 50 basis points to 8%, effective Thursday, in line with the U.S. Federal Reserve's rate cut.

investing.com • 18/09/2024 - 19:19 PM

US mid-sized banks ride industry upswing on robust fee income

Truist beats quarterly profit estimates on investment banking gains

UBS updates top picks, adds Bank of America, Truist

Analysis-Rate cuts to accelerate US banks' move to higher-yielding investments

Truist lowers prime lending rate in tandem with Fed's rate cut

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