News: U.S. Bancorp (USB.N)

USB.N on New York Stock Exchange

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Thu, Sep 25 2014

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US Bank to pay $57 million over 'add-on' products

WASHINGTON - U.S. financial regulators said on Thursday that US Bank will pay about $57 million to resolve allegations it charged consumers for services they did not actually receive.

UPDATE 2-US Bank to pay $57 million over 'add-on' products

WASHINGTON, Sept 25 - U.S. financial regulators said on Thursday that US Bank will pay about $57 million to resolve allegations it charged consumers for services they did not actually receive.

US Bank to pay $57 million over "add-on" products-regulators

WASHINGTON, Sept 25 - The U.S. Office of the Comptroller of the Currency on Thursday said US Bancorp agreed to pay about $57 million because of problems related to identity theft protection products it sold consumers.

MOVES- RBC, BlackRock, Volksbanken, U.S. Bank, Aviva Investors

(Adds Tilney, Bank of New York Mellon Corp, Aviva, LPL Financial, U.S. Bank and BMO Financial Group)

MOVES-U.S. Bank names David Hein portfolio manager in Cincinnati

Sept 17 - U.S. Bank, the wealth management unit of U.S. Bancorp, said it appointed David Hein a portfolio manager for its team handling high net worth clients.

MOVES-BofA, UBS, HSBC Holdings', KNIEP, U.S. Bank, Standard Life

(Adds HSBC Holdings', FM Global, Marathon, Lazard Middle Market, Strategic Insight, Amundi Smith Breeden, Carlyle and U.S. Bank)

MOVES-U.S. Bank hires four people for private client reserve in Chicago

Sept 15 - Wealth manager U.S. Bank, a unit of U.S. Bancorp, said it appointed four people for its private client reserve in Chicago.

MOVES- Euronext, Standard Life Investments, Raymond James Financial

Aug 21 - The following financial services industry appointments were announced on Thursday. To inform us of other job changes, email moves@thomsonreuters.com.

MOVES-U.S. Bank hires two execs for private client reserve in Phoenix

Aug 21 - Wealth manager U.S. Bank, a unit of U.S. Bancorp, hired two executives for its private client reserve in Phoenix.

U.S. Bank hires adviser from JPMorgan Private Bank

- Wealth manager U.S. Bank, a unit of U.S. Bancorp, hired Timothy Langbein from JPMorgan Private Bank as a senior private banker for its private client reserve in New York.

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