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Truist fixed income
Posted on 4/13/23 at 4:18 pm
Posted on 4/13/23 at 4:18 pm
Truist is getting out of the FI sales & trading business. It’s no secret that community banks (Truist’s customers) have low liquidity right now and aren’t buying bonds, but I was shocked when I heard. Do you think other dealers will follow or is this a unique situation for TFC following the Suntrust BB&T merger?
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