Truist Financial Corporation to Exit Near-Prime Auto Lending Business

AI-generated NewsSnap summary based on source reporting.
Published: 2026-09-15
Category: business
Source: SEC.gov

Truist Financial Corporation (NYSE: TFC) announced a strategic decision to exit its near-prime auto lending business. This information was disclosed in an 8-K filing in connection with a presentation by CFO Mike Maguire at the Barclays Global Financial Services Conference.

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