Earnings
Truist takes a $1.4 billion securities hit as it agrees to sell LightStream loans to Carlyle
GAAP earnings fell to $0.56 a share after a $1.447 billion pretax loss on available-for-sale securities sales; adjusted earnings rose 12% to $1.16, and Truist agreed to sell $7.7 billion of LightStream loans to Carlyle.
