Tag: Downsizing

Russia’s Vladimir Putin claims the Biden administration is ‘killing’ the USD by using it as a weapon — says ‘blow was dealt’ to America and even its allies are now ‘downsizing’ the dollar

Russia’s Vladimir Putin claims the Biden administration is ‘killing’ the USD by using it as a weapon — says ‘blow was dealt’ to America and even its allies are now ‘downsizing’ the dollar Russia’s president Vladimir Putin has once again taken aim at the U.S. dollar — accusing President Joe Biden’s administration of “killing [it] […]

Truist keeps downsizing with deal to sell asset-management business

Truist is selling Sterling Capital Management, which had $76 billion of assets under management at the end of December. The buyer, Guardian Capital Group, said that Sterling Capital will operate as a standalone entity and continue to be led by its current management team. Credit: Scott McIntyre/Bloomberg Truist Financial intends to sell an asset-management subsidiary, […]