Rumors circling around about potential PNC and Truist merger/acquisition next year. 2025 should be an exciting time for Truist! Bill n Beau get massive payouts and live the good life n their beachfront properties in Boca while the rest of us are worried about keeping our jobs
6 replies (most recent on top)
PNC wont buy a problem for cheap and think they can fix it. That CEO is about math, not feelings. Would give PNC a brokerage firm and boost investment bank, but little else except some overlap in Florida, TX, and California. Not worth the hassles. I can see a non-bank like Amazon or Apple…. Sell off the profitable parts like brokerage and investment bank (now THOSE assets would be attractive to PNC) and keep the credit card / loan servicing and payment systems. Sell the branches to Orkin for pest control training and pay depositors a decent rate with the savings. Open a checking account and get a free iPhone!
Uhhh…have you seen Bill and Beau? As pale as they are I’m not sure they have ever stepped on a beach. They were 100% nose pickers in school.
No you overheard Beau say that he likes to p-e in the sea. PNC the bank wouldn’t dare touch this tu-d.
Truly a joke or fake news you only have to
Listen to PNC CEO talk about what he is interested in and it’s not TFC
It is crazy talk to think PNC will buy or merge with Truist. Yes PNC CEO has said they need to get bigger and will do so. They are organically taking business in Truist markets now. They will likely buy a number of smaller banks or gobble up a Huntington, Fifth Third or another 100 to 200 billion bank and they would love to expand their presence in the western US. SunTruist will likely be bought or merge in next couple of years but it won’t be PNC.
Bill, Kelly K, and Beau will never be happy. They are miserable human beings.