Truist exits near-prime auto lending, selling a $5.5B loan book for $5.2B
Under new CEO Mike Lyons, Truist is selling its Regional Acceptance near-prime auto book — $5.2B net proceeds, $535M reserve recapture, $945M new CET1 capital.
Fall lesenchange.archiEIN CASESTUDIES.CHAT-ARCHIV
Ein anderer Schritt.
Ein anderes Ergebnis.
Kurswechsel, Neuerfindungen und Veränderungen mit Wirkung.
Das gesamte Archiv in der AppArtikel gibt es auf Englisch und vereinfachtem Chinesisch. Titel und Texte bleiben in ihrer veröffentlichten Sprache.
Die neuesten Fälle
300 AKTUELLE FÄLLE · REGELMÄSSIG ERGÄNZTTransnet's three-year recovery plan books its first profit in four years (interview)
CEO Michelle Phillips reports a R4.6bn FY2026 profit against last year's R1.9bn loss and rail volumes up 4.9% — but says the turnaround is far from over.
Fall lesenTD cut jobs and a $3B portfolio to shrink under its US money-laundering asset cap
Hit with $3B+ in US penalties and a $434B asset cap, TD is cutting 2% of staff, winding down a $3B POS financing book and selling assets to fit the cap.
Fall lesenAnil Ambani ringfenced two debt-free companies and pivoted into defence and green energy
After the RCom and Reliance Capital collapses, Anil Ambani ringfenced two clean companies, went debt-free and pivoted into defence and green energy.
Fall lesenPick n Pay cut its trading loss by two-thirds and went net cash in turnaround year one
A two-step recap — debt restructure, rights offer and a major listing in one year — restored the balance sheet as like-for-like sales turned positive.
Fall lesenMarriott's 2024 reorg pushed decisions to the continents and cut 833 corporate jobs
Marriott cut 833 corporate jobs and framed it as reorg, not cost-cutting: decisions shift to continent teams, saving a projected $80–90m a year.
Fall lesenKering's ReconKering recasts the group as luxury's 'indisputable challenger'
At a Florence Capital Markets Day, new CEO Luca de Meo unveiled ReconKering: five hubs, a doubled margin target by 2030 and a slimmer, less indebted group.
Fall lesenHyatt sold its hotels to become a brand network — fee-based earnings now 80% of profit
Hyatt sold its real estate and bought 10+ luxury brands: fee-based earnings rose from 44% of total in 2015 to 80% in 2026, with a 90%+ target for 2027.
Fall lesenChick-fil-A bets on family ownership and a $1B global push over an IPO (interview)
CEO Andrew Cathy tells CNBC the chain will stay family-owned while revenue grew 14% to $10.3B in 2025, with 179 new restaurants and launches in Singapore.
Fall lesenBacardi India put 100% of media spend into digital and rebuilt its events (interview)
Marketing director Goodies Narayanan says Bacardi India now spends 100% of media on digital and rebuilds events like CASA Bacardi as content ecosystems.
Fall lesenBird and Spin merged into Third Lane and swung $50M to profit (interview)
Co-CEO Stewart Lyons right-sized cities, cut SIM costs and dropped in-house manufacturing — profitable every month from March 2024, he says.
Fall lesenThe Warehouse's cost reset lifted operating profit to NZ$22.6M from NZ$1.3M
Margin up 40bps, NZ$29.8M of costs out, free cash flow swinging NZ$124.6M positive and net debt cut 82% — on broadly flat sales.
Fall lesenReliance Retail demanded 6-12 month breakeven as EBITDA margin hit 8.3%
Eyeing an IPO, Reliance Retail halved its new-store breakeven window, cut openings to 500-550 a year and pushed EBITDA margin to 8.3%.
Fall lesenOando recapitalised and rebuilt its board, lifting output 59% and profit to ₦201.3B
After years of negative shareholder funds and boardroom disputes, Oando recapitalised, refreshed its board and bought the NAOC assets, lifting output 59%.
Fall lesenMetair's turnaround lifted operating profit 28% — and kept CEO O'Flaherty to 2028
Restructured around OEM volumes, out of Turkey and into aftermarket parts, Metair swung Hesto to profit and cut net debt — shares jumped 15%.
Fall lesenM&S sends every head-office worker into stores 7 days a year — shares up 345% in five
Under Stuart Machin, M&S rebuilt its culture around the shop floor: HQ staff work store days yearly, new joiners start in store — revenue hit £13B from £10.1B.
Fall lesenLumen sold its copper and consumer fiber to pay down debt and pivot to AI networking
After CEO Kate Johnson took over in 2022, Lumen sold assets, restructured $15B of debt out of court and bet its fiber network on AI traffic.
Fall lesenKodak paid off $400M and bet on film's comeback — the stock doubled in a year
Jim Continenza rebuilt Kodak around its roots — film, print, advanced materials — cut interest costs by $40M a year and left a going-concern warning behind.
Fall lesenJefferson and Lehigh Valley closed a $14B merger creating a 32-hospital system
Two Pennsylvania systems combined 62,000 employees into a top-15 US nonprofit system — and took Jefferson's health plan into the Lehigh Valley.
Fall lesenWritten off in 2023, Goldman's Solomon era delivered a 106% stock run by 2024
After the $3B consumer misstep and calls to resign, Goldman retreated to banking and asset management — and out-gained every large peer in market share.
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