NYSE:TFCBanks
Is Truist Financial’s (TFC) M&A Hire and Bitcoin ETF Push Reframing Its Strategic Identity?
Earlier this month, Truist Financial Corporation named veteran dealmaker Matthew Miller as managing director and head of mergers & acquisitions, while also announcing plans to redeem US$1.25 billion of fixed-to-floating rate senior notes due March 2027 and expanding Truist Wealth’s lineup to include two SEC-registered spot bitcoin ETFs from Fidelity and BlackRock.
Together, these moves highlight Truist’s effort to sharpen its advisory capabilities, refine its balance sheet, and cautiously...