# EDGAR Filing Document

**Accession Number:** 0000764116
**File Stem:** 0000764116-25-000007
**Filing Date:** 2025-7
**Character Count:** 10814
**Document Hash:** f84015ebfa67fc60b896137abacbf48e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000764116-25-000007.hdr.sgml**: 20250702

**ACCESSION NUMBER**: 0000764116-25-000007

**CONFORMED SUBMISSION TYPE**: SBSE-A/A

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20250701

**DATE AS OF CHANGE**: 20250702

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TRUIST BANK /NC/
- **CENTRAL INDEX KEY:** 0000764116

**ORGANIZATION NAME:**
- **EIN:** 561074313
- **STATE OF INCORPORATION:** NC
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SBSE-A/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 026-00155
- **FILM NUMBER:** 251098432

**BUSINESS ADDRESS:**
- **STREET 1:** 214 NORTH TRYON STREET
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28202
- **BUSINESS PHONE:** 3367332000

**MAIL ADDRESS:**
- **STREET 1:** 214 NORTH TRYON STREET
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BRANCH BANKING & TRUST CO /NC/
- **DATE OF NAME CHANGE:** 19990325

### Attached PDF Documents

**Attachment 1:** `SBSE.update.pdf`

_No text found in this document._

**Attachment 2:** `truistbankform7r.pdf`

_No text found in this document._

## Form SBSE-A: Registration for Security-Based Swap Dealers

### Applicant Information

**Full Applicant Name:** TRUIST BANK /NC/

**NFA Number:** 480723

**IRS Employer ID No.:** 56-1074313

**CIK:** 0000764116

**UIC:** JJKC32MCHWDI71265Z06

**Main Address:** 214 NORTH TRYON STREET, CHARLOTTE, NC, 28202

**Business Telephone:** 3367332000

**Contact Employee:**

- **Name:** Peter Lucas

- **Title:** Compliance Director

- **Phone:** 404-926-5891

- **Email:** peter.lucas@truist.com

**Chief Compliance Officer:**

- **Name:** Peter Lucas

- **Title:** Compliance Director

- **Phone:** 404-926-5891

- **Email:** peter.lucas@truist.com

### Business and Activities

**Registered as Swap Dealer?:** Yes

**Registered as Swap Participant?:** No

**Uses Mathematical Models?:** Yes

**Is a Non-Resident Entity?:** No

**Subject to Prudential Regulator?:** Yes

**Is an Investment Advisor?:** No

**Engaged in Other Business?:** Yes

**Holds Customer Funds?:** Yes

**Prudential Regulators:** The Federal Deposit Insurance Corporation

**Description of Business:**
Truist Bank is a North Carolina-chartered state bank and is a wholly owned subsidiary of Trust Financial Corporation. Truist Bank operates several business segments, including the Wholesale Banking Group which focuses on helping businesses by delivering a comprehensive suite of financial services including lending, liquidity management, treasury and payment, M&A advisory and capital raising. The Wholesale Banking business unit includes Corporate and Investment Banking ("CIB") which provides strategic advisory, capital raising, risk management, financing solutions, and sales, trading, and research services. The security-based swap dealing activities of Truist Bank encompasses Total Return Swaps ("TRS) conducted by the Credit Solutions division and risk participation agreements conducted by the Financial Risk Management ("FRM") division within CIB.

### Control and History

**Are records kept by another entity?:** No

**Does another entity hold funds on behalf of applicant?:** Yes

**Is control exercised through an agreement?:** Yes

**Is applicant financed by another entity?:** Yes

**Is applicant succeeding a prior entity?:** No

**Subject to foreign regulation?:** No

**Number of Principals:** 34

### Schedule A: Principals

| Name                 | Title or Status                                              | Date Acquired   | Date Began Working   | Ownership         | NFA ID No.   |
|:---|:---|:---|:---|:---|:---|
| William Rogers       | President, Executive Chairman and Chief Executive Officer    | 06/2011         | 07/1980              | NA - less than 5% | 493019       |
| Edward Messner       | Managing Director, Head of FRM Marketing                     | 02/2014         | 05/2007              | NA - less than 5% | 499595       |
| Steve Gruenig        | Managing Director, Head of FRM Trading                       | 02/2014         | 12/2012              | NA - less than 5% | 283759       |
| Michael Connor       | Managing Director, Manager, FRM Marketing                    | 07/2014         | 07/2014              | NA - less than 5% | 292062       |
| Neil Davies          | Managing Director, Head of Equity Derivatives                | 10/2017         | 04/2005              | NA - less than 5% | 508525       |
| Randall Warren       | Director, Manager, FRM Marketing                             | 12/2019         | 11/2007              | NA - less than 5% | 527401       |
| Gregory Langhoff     | Director, Manager, FRM Marketing                             | 12/2019         | 06/2008              | NA - less than 5% | 527178       |
| Peter Lucas          | SVP, Compliance Director                                     | 10/2020         | 01/2017              | NA - less than 5% | 533468       |
| Thomas Hackett       | Head of Corporate and Investment Banking                     | 03/2023         | 10/2008              | NA - less than 5% | 533113       |
| James Moberg         | Managing Director, Manager, FRM Marketing                    | 08/2021         | 11/2015              | NA - less than 5% | 539801       |
| Bartton Scott        | Managing Director, Credit Solutions                          | 10/2021         | 08/2017              | NA - less than 5% |  |
| Donna Morea          | Outside Director                                             | 04/2012         | 12/2019              | NA - less than 5% | 494053       |
| Bruce Tanner         | Outside Director                                             | 12/2015         | 12/2019              | NA - less than 5% | 494066       |
| Dallas Clement       | Outside Director                                             | 12/2015         | 12/2019              | NA - less than 5% | 494005       |
| Agnes Scanlan        | Outside Director                                             | 04/2017         | 12/2019              | NA - less than 5% | 504452       |
| Steven Voorhees      | Outside Director                                             | 01/2018         | 12/2019              | NA - less than 5% | 509007       |
| Charles Patton       | Outside Director                                             | 10/2019         | 01/1998              | NA - less than 5% | 524989       |
| Christine Sears      | Outside Director                                             | 10/2019         | 08/2015              | NA - less than 5% | 524992       |
| Jennifer Banner      | Outside Director                                             | 10/2019         | 01/2013              | NA - less than 5% | 524981       |
| K. David Boyer       | Outside Director                                             | 10/2019         | 01/2013              | NA - less than 5% | 524983       |
| Thomas Skains        | Outside Director                                             | 10/2019         | 01/2013              | NA - less than 5% | 524993       |
| Linnie Haynesworth   | Outside Director                                             | 12/2019         | 12/2019              | NA - less than 5% | 525577       |
| Brandon Artigue      | Financial Risk Management Director                           | 06/2022         | 06/2011              | NA - less than 5% | 550057       |
| Terence OMalley      | Equity Capital Markets Managing Director                     | 12/2022         | 01/2016              | NA - less than 5% |  |
| Michael Maguire      | Senior Executive Vice President and Chief Financial Officer  | 09/2022         | 07/2021              | NA - less than 5% | 554082       |
| Fadie Itayem         | Executive Vice President, Treasurer                          | 07/2023         | 06/2016              | NA - less than 5% | 544354       |
| Brian Morgan         | Managing Director,Head of Foreign Exchange Payments Delivery | 12/2023         | 07/2008              | NA - less than 5% | 490329       |
| Gary Rapp            | Managing Director, Head of Credit Sales, Trading & Research  | 12/2023         | 09/2022              | NA - less than 5% | 303376       |
| Mary Stroth          | Managing Director, Head of Equity Sales, Trading & Research  | 12/2023         | 07/2018              | NA - less than 5% | 559828       |
| Kristin Lesher       | Chief Wholesale Banking Officer                              | 04/2024         | 02/2024              | NA - less than 5% | 562219       |
| Laurence Stein       | Outside Director                                             | 06/2024         | 04/2024              | NA - less than 5% | 510795       |
| Brandy Conner Worgo  | CIB Business Management & Enablement Leader                  | 07/2024         | 07/2018              | NA - less than 5% |  |
| Ileana I-On Chu      | Investment Banking Managing Director                         | 01/2025         | 11/2014              | NA - less than 5% | 569405       |
| Jonathan Mark Pruzan | Outside Director                                             | 06/2025         | 05/2025              | NA - less than 5% | 571481       |

### Schedule B: Explanations

**Description:**
Truist Bank offers a full line of banking products and financial services for consumers and businesses, including loans, deposit accounts, mortgage products and services, investment management services, credit, banking, trust, capital markets, and asset management services. Truist Bank is a wholly owned subsidiary of Truist Financial Corporation.

**Onbehalf:**

- **Name:** Citigroup Global Markets Inc.

  - **Address:** 388 Greenwich St- Trading Floor 3, New York, NY, 10013

  - **Effective Date:** 12-06-2019

  - **Arrangement:** Citigroup is an FCM that facilitates clearing and settling credit derivatives with ICE Clear Credit on behalf of Truist Bank.

- **Name:** ICE Clear Credit LLC

  - **Address:** 353 N Clark St., Chicago, IL, 60654

  - **Effective Date:** 12-06-2019

  - **Arrangement:** Clearinghouse for credit derivatives via Citibank Global Markets.

- **Name:** Bank of New York Mellon

  - **Address:** 240 Greenwich Street, New York, NY, 10286

  - **Effective Date:** 12-06-2019

  - **Arrangement:** Clears bonds via its Nexen platform to DTCC and custodies collateral on behalf of Truist Bank.

**Controlling Entity:**

- **Name:** Truist Financial Corporation

  - **Address:** 214 North Tryon Street, Charlotte, NC, 28202

  - **Effective Date:** 12-06-2019

  - **Arrangement:** Truist Bank is a subsidiary of Truist Financial Corporation.

### Execution

**Date:** 07-01-2025

**Name of Applicant:** TRUIST BANK /NC/

**Signature:** /s/ Peter Lucas

**Printed Name:** Peter Lucas

**Title:** Compliance Director