- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: 2024 bank failure predictions
Posted on 1/26/24 at 11:36 am to mule74
Posted on 1/26/24 at 11:36 am to mule74
quote:
I am telling you what we are being told. They are concerned about the new reserve requirements that are being imposed by the feds.
There is also an issue that we are undervalued on the balance sheet, and they can get a high multiple return by selling us.
Doesn't Truist have a bigger insurance business than most other comparable banks?
Maybe it's also a factor of simplification.
1
Posted on 1/26/24 at 12:05 pm to LSUFanHouston
quote:
Doesn't Truist have a bigger insurance business than most other comparable banks? Maybe it's also a factor of simplification.
That is correct. They have the largest remaining bank owned insurance operation. Pretty much everyone else has sold out.
Unlike Europe, US banks have never been able to successfully incorporate insurance into their platform in the way they thought they could.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News