Truist Securities appoints Matthew Miller as head of mergers & acquisitions

Rhea-AI Summary

Truist Securities (NYSE:TFC) appointed Matthew Miller as managing director and head of mergers & acquisitions effective Feb. 26, 2026. Miller will be based in New York and report to Truist Securities Chairman and CEO Tom Hackett.

Miller brings 30+ years of experience, including more than 15 years at Jefferies as global head of healthcare M&A, prior M&A roles at Bank of America, and earlier corporate/M&A law practice at Wachtell, Lipton, Rosen & Katz. He holds a BA from Dartmouth and a JD from Columbia. His remit includes leading the M&A platform, driving growth initiatives, overseeing deal origination and execution, and coordinating with product teams for public, sponsor-owned, and private clients.

Positive

• 30+ years of M&A experience
• >15 years as global head of healthcare M&A at Jefferies
• Mandate to expand M&A platform and drive firm growth

Negative

• None.

Key Figures

Industry experience: 30 plus years Jefferies tenure: more than 15 years

2 metrics

Industry experience 30 plus years Total experience Matthew Miller brings to Truist Securities

Jefferies tenure more than 15 years Time Matthew Miller served at Jefferies as global head of healthcare M&A

Market Reality Check

Price: $50.57 Vol: Volume 5614230 vs 20-day ...

low vol

$50.57 Last Close

Volume Volume 5614230 vs 20-day average 9832023 suggests lighter-than-normal trading ahead of this announcement. low

Technical Price 50.57 is trading above the 200-day MA at 45.76, indicating a pre-existing positive trend.

Peers on Argus

TFC gained 1.83% with several peers also higher: DB 1.15%, USB 0.94%, PNC 1.12%,...

1 Down

TFC gained 1.83% with several peers also higher: DB 1.15%, USB 0.94%, PNC 1.12%, NU 0.82%, while ITUB slipped -0.75%, pointing to broadly constructive sector conditions.

Historical Context

5 past events · Latest: Feb 25 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Feb 25	Crypto offering expansion	Positive	+1.8%	Offered client access to two SEC-registered spot bitcoin ETFs.
Feb 18	Debt redemption	Neutral	-1.7%	Redeemed $1.25B senior notes due March 2027 at par plus interest.
Feb 13	Earnings schedule	Neutral	-0.3%	Published 2027 quarterly earnings call dates and access details.
Feb 12	Open banking launch	Positive	-3.6%	Launched Mastercard-connected open banking integration for secure data sharing.
Feb 03	AI receivables launch	Positive	+2.6%	Introduced AI-enabled receivables platform to automate reconciliation and cash application.

Pattern Detected

Operational and technology announcements often saw mixed reactions, with generally modest moves and one notable selloff on positive tech news.

Recent Company History

Over recent months, Truist has focused on strategic and technology initiatives. On Feb 3, 2026, it launched an AI-enabled receivables platform, with shares up 2.6%. An open banking integration on Feb 12, 2026 saw a -3.65% reaction despite its innovation focus. A senior notes redemption and a 2027 earnings call schedule produced smaller moves. Most recently, expansion into spot bitcoin ETF access on Feb 25, 2026 coincided with a 1.83% gain. The current leadership appointment fits this pattern of strategic capability-building.

Market Pulse Summary

This announcement highlights Truist Securities’ effort to deepen its mergers and acquisitions capabi...

Analysis

This announcement highlights Truist Securities’ effort to deepen its mergers and acquisitions capabilities by hiring a veteran leader with over 30 years of experience and more than 15 years at Jefferies. It follows a series of strategic and technology initiatives across the franchise. Investors may watch for evidence that the enhanced M&A leadership translates into increased deal origination, stronger advisory positioning, and measurable contributions to Truist’s broader capital markets platform.

Key Terms

mergers & acquisitions, m&a, capital markets

3 terms

mergers & acquisitions financial

"appointed Matthew Miller as managing director and head of mergers & acquisitions"

Mergers & acquisitions are deals in which one company buys another or two companies combine into one, like two households joining to share costs or a family buying a neighbor’s house to expand. Investors care because these moves can change a company’s size, revenue and profit potential, alter its debt load, and create shortcuts to new markets or technologies — but they also bring risks such as integration problems and unexpected costs that can affect stock value.

m&a financial

"In this role, Miller will lead the firm's M&A platform, drive growth initiatives"

M&A, short for mergers and acquisitions, involves one company combining with or purchasing another company to grow, streamline operations, or gain competitive advantages. For investors, M&A activity can signal potential for increased value, new opportunities, or changes in market dynamics, making it an important factor to watch in the business landscape.

capital markets financial

"strong investment banking and capital markets platform, and I'm incredibly excited"

Capital markets are places where people and organizations buy and sell long-term investments like stocks and bonds. They help connect those who need money to grow or fund projects with investors looking to earn returns over time. For investors, capital markets are important because they offer opportunities to invest, save, and grow their wealth through a variety of financial assets.

AI-generated analysis. Not financial advice.

Industry veteran brings 30 plus years of experience to full-service investment bank

ATLANTA, Feb. 26, 2026 /PRNewswire/ -- Truist Securities today announced that Matthew Miller has joined the firm as managing director and head of mergers & acquisitions, strengthening its leadership team and advisory capabilities.

In this role, Miller will lead the firm's M&A platform, drive growth initiatives, oversee deal origination and execution, and collaborate with product teams to deliver comprehensive capabilities to public, sponsor-owned, and privately held companies across a range of industries. Miller will be based in New York and report to Truist Securities Chairman and CEO Tom Hackett.

"Matt is a proven leader with an exceptional track record, known for building deep relationships and ensuring excellence in deal execution," said Hackett. "His industry leadership, innovative solutions, and decades of experience will be instrumental as we continue to expand our M&A capabilities, drive growth across our firm, and deliver best-in-class strategic advice to our clients."

Miller brings more than 30 years of experience to Truist Securities. He most recently spent more than 15 years at Jefferies, where he served as global head of healthcare M&A, playing a pivotal role in building and expanding the firm's healthcare advisory practice and leading numerous landmark transactions. Earlier in his career, he held M&A roles at Bank of America and practiced corporate and M&A law at Wachtell, Lipton, Rosen & Katz. Miller earned a Bachelor of Arts in Government and Economics from Dartmouth College and a Juris Doctor from Columbia University School of Law.

"Truist Securities has built a strong investment banking and capital markets platform, and I'm incredibly excited to lead its M&A team," said Miller. "I look forward to collaborating with the firm's talented teammates to continue the growth of the M&A franchise, leveraging our deep industry expertise, strategic execution capabilities, and full suite of debt, equity, and related products."

Truist Securities is the corporate and investment banking platform of Truist Financial Corporation, a purpose-driven financial institution delivering advice and expertise to clients with care.

About Truist Securities
Truist Securities is the full-service corporate and investment banking arm of Truist Financial Corporation (NYSE: TFC). With a rich history extending back more than 125 years, Truist Securities offers a robust capital markets and investment banking platform that includes a comprehensive array of strategic advisory, mergers and acquisition, and capital markets capabilities for corporate and institutional clients, including sales, trading and research services in both fixed income and equity. The firm also provides corporate finance, asset finance, risk management, liquidity, and treasury management solutions to meet clients' full spectrum of financial needs. Headquartered in Atlanta, Truist Securities has offices located across the U.S. Learn more at www.truistsecurities.com.

© 2026 Truist Financial Corporation. Truist and Truist Securities are service marks of Truist Financial Corporation. All rights reserved. Truist Securities is the trade name for the corporate and investment banking services of Truist Financial Corporation and its subsidiaries. Securities and strategic advisory services are provided by Truist Securities, Inc., member FINRA and SIPC. Lending, financial risk management, and treasury management and payment services are offered by Truist Bank. Deposit products are offered by Truist Bank, Member FDIC.

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SOURCE Truist Financial Corporation

FAQ

Who is Matthew Miller and what role did he take at Truist Securities (TFC) on Feb. 26, 2026?

Matthew Miller joined as managing director and head of mergers & acquisitions. According to Truist Securities, he will lead the firm's M&A platform, oversee deal origination and execution, and report to Chairman and CEO Tom Hackett.

What experience does Matthew Miller bring to Truist Securities (TFC)?

Miller brings over 30 years of experience in M&A and advisory roles. According to Truist Securities, he spent more than 15 years at Jefferies as global head of healthcare M&A and held prior roles at Bank of America and Wachtell, Lipton, Rosen & Katz.

What will Matthew Miller oversee as head of M&A at Truist Securities (TFC)?

He will lead the firm's M&A platform, drive growth initiatives, and oversee deal origination and execution. According to Truist Securities, he will also collaborate with product teams to deliver full-service capabilities to clients.

Where will Matthew Miller be based and who will he report to at Truist Securities (TFC)?

Miller will be based in New York and report to Truist Securities Chairman and CEO Tom Hackett. According to Truist Securities, this aligns M&A leadership with senior management for strategic execution.

How might Matthew Miller's hire affect Truist Securities' M&A capabilities for investors in TFC?

His hire is intended to strengthen Truist's M&A advisory and deal execution capabilities. According to Truist Securities, Miller's industry experience and leadership aim to support growth across public, sponsor-owned, and private client coverage.