Truist Financial Appoints D. Steve Boland as Vice Chair

MT newswire2026/10/16 11:38

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07:38 AM EDT, 10/16/2026 (MT Newswires) -- Truist Financial (TFC) has named D. Steve Boland as vice chair, the company said Friday. Boland previously worked at Bank of America (BAC). Truist also named Shimna Sameer as chief consumer banking officer and Jeff Warner as chief small business banking officer, saying Chief Consumer and Small Business Banking Officer Donta Wilson will leave the bank.

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The University of Michigan's final Consumer Sentiment Index for October stood at 48, reaching a five-month low, but exceeded market expectations. Consumers' one-year inflation expectation rose to 4.7%, and their long-term inflation expectation for the next five to ten years rose to 3.5%, both the highest since May this year and marking a second consecutive month of increase. While the S&P 500 Total Return Index has climbed to record highs, U.S. consumer sentiment remains near historic lows, with the divergence between the two reaching a record extreme.

华尔街见闻•2026/10/23 15:48