Truist Financial increased its non-interest expenses in the fourth quarter of 2022 as minimum wage increased and the bank invested in technology, acquisitions, revenue-generating business and call center staff. The $548 billion bank’s adjusted non-interest expenses grew 8% year over year to $3.4 billion, according to its Q4 earnings presentation. WHY IT MATTERS: Although expenses […]
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- Source: https://bankautomationnews.com/allposts/core-cloud/truist-invests-in-innovation-talent-in-q4/
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