The merger was ruinous. This was done sloppily, and the results scream poor planning. Leadership doesn’t care, the bank’s reputation is in the gutter and there is no clarity on roles and responsibilities. BB&T destroyed all that was good at SunTrust... — read more
RIFT Not a Total Surprise
After 12 years with BBT/Truist, I was RIFTed this week. My technology team lost 1/3 of our technical talent, including me. I'm not bitter or angry. It's Corporate America. I've been preparing for this day since the merger was announced, both... — read more
Drop Truist like a used rubber!
I was a Branch Leader in Columbia, SC. The "leadership" at Truist is terrible, especially the regional leadership. Truist "cares" about their quarterly earnings and not about their branch level employees. There is so much opportunity out there! Life... — read more
Region Consolidation ??
I have worked at both organizations. I am surprised after the Suntrust takeover that there are still as many regions and layers. With cost cutting initiatives running rampant, is anyone hearing a flattening of the org structure and region count?
I hate this company!
I've been with Truist for 3 years. Spent 8 years at Wells Fargo previously. Why does executive leadership spew lip service? In all seriousness, i've never seen a company whose executives just say things that are lip service continuously. It... — read more
All of the heritage BB&T and ST employees
If you are not happy with the new bank, please leave! Enough of your continuous negative comments! You all continuously post BS to heritage BBT vs heritage ST. Enough! It’s been 3 years. If you don’t like working for Truist then leave! Your negative... — read more
Top most ridiculous ‘executive management’ sayings
There are not enough blueberries in the world for McDonald’s to include in their menu A butterfly can cause a hurricane and wipe out billions in coastal property A mental case jumps off a bridge if nobody smiles at them Save your paper... — read more
Is my pension safe?
I took early VSRP and plan to start drawing pension in 2024. Does anyone know if pension is safe if there is a bank run and Truist has to be taken over by the Fed? I always heard from Kelly King talks that the pension was fully funded.
CIO just sold shares
Case just sold 11k shares. These were direct, not automated or option grants. He is not the only one. Where is the confidence? https://www.sec.gov/Archives/edgar/data/92230/000166427223000241/xslF345X03/f4_a1e2k00000rxrqfuad-live.xml
ACCOMODATION REQUESTS FOR MORTGAGE TEAMMATES AT ALL TIME HIGH
It is pretty sad when upper management advises they will take our feedback into consideration in regards to returning to the office 2 days a week versus three days a week. If that was truly the case then they would have noticed how many teammates... — read more
SIVB
Does TFC have any issues similar to SIVB?
Rsus
How those rsu s looking fat cats?
Deposits down, customer service is bad, interest rates keep going up
Bad management at SunTruist is being exposed more everyday. NII will continue to drop over the next year continuing the erosion in stock price. Selling part of a cash cow to help prop up reserves, if Democrats weren’t in control now this bank would... — read more
The fact none of you Teammates have been discussing this is strange
Truist Financial Corp. announced Thursday it is selling a 20% stake in its insurance subsidiary to a private-equity group for $1.9 billion. Funds managed by Stone Point Capital, which is focused on the global financial services industry, are the... — read more
Aip vent?
String for your Aip vent
Can’t log into my laptop
Heard their were layoffs today in pockets across the company. Specially IT. Why is nobody talking about this?
75 mile radius drive to the office?
Anyone else required to drive to the office if you live within 75 miles? I am in Mortgage and they are making us drive 2 hours each way, 3 days a week. My manager thinks this is crazy too but can't do anything about it.
51 Million on Truist Leadership Institute expansion
The Kelly King Leadership Institute is being expanded to the tune of 51 million dollars. Seriously, layoff people, create new useless and redundant groups and then expand and throw more money at Kelly's former baby? WOW! If there are three words... — read more
Left Truist a year ago tripled (!!!) my pay
I worked at Enterprise Tech at truist and I was considered high performer, but didnt get good reviews due to d-mb and clueless manager, didn't get a good pay raise. Got tired of being managed by d-mb people, I joined Seattle based company and... — read more
Truist Financial Corp. confirmed Tuesday a reduction in its workforce, but did not specify how many jobs and what business units were affected.
Here we go again: https://journalnow.com/business/local/truist-confirms-job-cuts-reports-are-dozens-in-investment-banking-unit/article_eeb04ae8-a750-11ed-850f-8312fa3d5c74.html
Any comments
Truist Financial Corp. eliminated about 5% of its investment-banking division amid uncertainty surrounding the dealmaking environment, according to people with knowledge with the matter.
Legacy Suntrust on payroll
Legacy Suntrust employees paid to sit around doing nothing after their facilities were shutdown
No annual pay increase?
My manager said that no one will be getting a merit increase? trubullshist really don't care.
Leaving Truist was the best choice
10 years of service and I have never been so overloaded, burden and stressed out like I was with Truist. I made the decision to leave and my mental/physical health, marriage and family are doing so much better! What hurts the most till this day is... — read more
I no longer have any trust in this leadership
In fact, I don't believe there are many people here who still trust this leadership. It's really hard to be focused on work and do your best when you have so little trust in those at the top. Every day it becomes more and more obvious to me... — read more
First full year it will operate without any integration activity ?
Did they really integrate all the BBT and STI systems or do they just plan to run both forever and ever? This is a paid subscription https://www.bizjournals.com/charlotte/news/2023/01/19/truist-ceo-cfo-talk-post-merger-q4-earnings-call.html
Bonustime Reductions
Going to be a long winter. Anyone heard of bonus reduction?
HR hold time
Every time I try to call HR, the automated message tells me it will be over an hour. Do they even care if employees have to wait this long to talk to someone? That was really a rhetorical question. The answer is obvious. Get the HR folks some... — read more
Branch Hiring Freeze Extended
Branch employee here. After six months now of no lunches and two associates to a branch this hiring freeze really shows where branch teammates stand. Hiring freeze extended till April 1, 2023. Then regional management says no overtime? How is a... — read more
Bible cfo m&t bank
I guess he didn’t retire to be with family
Walked off the job
The respect Truist gets is the respect Truist gives.
woke leaders
Anyone remember when Case and other execs were all about being woke? They recommended a book by Ibram X Kendi. Is this stuff still happening, I left 9 months ago.
Truist online banking not working
Technology folks come on whats going on? Why this pathetic app and website not working at the same time?
Any news?
It’s quiet on here lately. Any news?
No respect
In just a few years, eight of my colleagues lost their jobs, I nearly lost my job as well, I was then transferred to a new position that had little to do with what I used to do, and now my job is once again in jeopardy. It is more than obvious that... — read more
Fun fact
Who remembers: Kelly’s ‘Disrupt or Die’ sermons. That was just BS to warm up to we need to do something big because regional banks can’t survive. Then we merge with a regional bank, thus making us a big bank. And then we had the Name rollout... — read more
Closing Branches…but no one is losing their job
We found out what branches will be closing in March 2023. But was assured no one is losing their job. Where will we work if there are no openings within a hour commute. Was also told that staffing in the branches will be analyzed again in January... — read more
J.D. Power ranking on small-business banking satisfaction
So, what was the issue? I am not a subscriber. I am guessing too many technical issues and poor customer... — read more
Purpose-Trust-Technology
This analysts isn’t buying it: “Truist shares look meaningfully undervalued, but at least some discount seems appropriate unless/until management can show that differentiated earnings performance promised with the SunTrust deal.” Underwhelming... — read more