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re: 2024 bank failure predictions

Posted on 1/25/24 at 4:58 pm to
Posted by meansonny
ATL
Member since Sep 2012
25999 posts
Posted on 1/25/24 at 4:58 pm to
Why do you predict Truist to fail?

I missed the reasoning.
Posted by BigApple
Member since Jun 2022
511 posts
Posted on 1/25/24 at 5:14 pm to
Truist will not fail.
Posted by Flowbe209
Member since Dec 2015
141 posts
Posted on 1/25/24 at 8:41 pm to
Their CRE time bomb is ticking and they have been in expense cutting mode for a while. Shut down entire lines of business. But it hasn’t been enough and eventually you have to pay the piper.
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