Tiny Chain Bridge is top banker to Trump, Republican campaigns [Yahoo! Finance]
Truist Financial Corporation (TFC)
Last truist financial corporation earnings: 4/20 05:45 am
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Source: Yahoo! Finance
(Reuters) - When Republican campaigns want a banker, they don't go to New York or San Francisco, but to downtown McLean, Virginia - about a 20 minute drive from the White House, where a one-branch bank next to an auto repair shop has beaten bigger financial rivals to become a must-have partner for political work. Chain Bridge Bank, privately owned and with some 70 employees, has worked with the campaign of every Republican Party presidential nominee since John McCain in 2008, including Donald Trump. For almost two decades the bank founded by former Republican U.S. Senator Peter Fitzgerald has quietly built its position by catering to politics, where large sums shift at short notice and bankers are always on call. Its business model, and the group it serves, could face more scrutiny after the bank said in May it was considering going public. "In the U.S., federal politics is a $20 billion dollar industry and a couple of financial institutions have appealed and marketed themselve
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TFC
News
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- Truist announces planned capital distributions and stress capital buffer requirement following release of 2024 CCAR resultsPR Newswire
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TFC
Earnings
- 4/22/24 - Beat
TFC
Sec Filings
- 6/27/24 - Form 11-K
- 5/13/24 - Form 13F-HR
- 5/10/24 - Form 8-K
- TFC's page on the SEC website