U.S. Bancorp (USB)
14 Dec 2017
Squeezed by lower loan growth as interest rates finally begin to rise, regional U.S. banks have been giving more financial advice to mid-sized companies and affluent Americans to drive revenue growth.
WASHINGTON, Nov 27 Joseph Otting, a former banking executive and associate of U.S. Treasury Secretary Steve Mnuchin, was sworn in as U.S. comptroller of the currency on Monday to serve as the leading regulator of national banks.
MEXICO CITY A U.S. proposal to enshrine measures targeting Mexican billionaire Carlos Slim's America Movil thwarted NAFTA negotiators' goal to reach a deal on telecommunications issues during the latest talks, according to three sources with knowledge of the matter.
A federal appeals court has revived part of a Hawaii property owner's lawsuit alleging that U.S. Bank tried to discourage competitive bidding when it sold her house at foreclosure so it could buy it for itself at a bargain price.
* TIER 1 US BANK SELECTS TEMENOS T24 CORE BANKING FOR GLOBAL CASH MANAGEMENT BACKBONE Source text for Eikon: Further company coverage: (Gdynia Newsroom)
(The following statement was released by the rating agency) CHICAGO, October 18 (Fitch) U.S. Bancorp's (USB) (rated 'AA'/'F1+'/Outlook Stable) third quarter 2017 (3Q17) net income increased 4.1% year-over-year to $1.6 billion due to higher net interest income (NII) amid higher short-term interest rates and better loan growth over the course of the year. USB's return on average assets (ROAA) was strong at 1.38% in 3Q17 a 2 basis point increase year-over-year. Similarly, the company's return on av
* U.S. Bancorp reports record revenue and net income for the third quarter of 2017
* Richard P. McKenney joins U.S. Bancorp board of directors Source text for Eikon: Further company coverage:
LONDON, Oct 13 (IFR) - Paul Huchro has been made global head of investment grade credit trading at Deutsche Bank. He was previously head of US flow credit trading at Goldman Sachs from 2010 to 2016. He will also head up high yield credit trading in the US and Europe.
(The following statement was released by the rating agency) CHICAGO, October 03 (Fitch) Fitch Ratings has affirmed U.S. Bancorp's (USB) ratings at 'AA/F1+'. The Rating Outlook is Stable. The affirmation and Stable Outlook are driven by the company's continued better-than-peer operating performance, solid liquidity position, and stable capital ratios. The rating action follows a periodic review of the large regional banking group, which includes BB&T Corporation (BBT), Capital One Finance Corpora
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