New Zealand markets open in 5 hours 29 minutes
  • NZX 50

    11,580.81
    -14.13 (-0.12%)
     
  • NZD/USD

    0.6205
    -0.0049 (-0.78%)
     
  • ALL ORDS

    7,137.60
    -11.00 (-0.15%)
     
  • OIL

    69.20
    -0.76 (-1.09%)
     
  • GOLD

    1,981.00
    -14.90 (-0.75%)
     

Will Truist Spin Off its Large Insurance Unit?

Will Truist Spin Off its Large Insurance Unit?

Rumors are swirling that Truist is planning to either spin off its insurance arm or sell a portion of the unit.