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Tag: U.S. Bancorp

Sei Investments Co. Increases Holdings in U.S. Bancorp (NYSE:USB)

Sei Investments Co. Increases Holdings in U.S. Bancorp (NYSE:USB)

September 22, 2024September 22, 2024 · Banking

Sei Investments Co. grew its holdings in U.S. Bancorp (NYSE:USB – Free Report) by 5.1% during the second quarter, HoldingsChannel reports. The fund owned 1,852,257 shares of the…

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U.S. Bank developing AI tools to meet SMB demands

U.S. Bank developing AI tools to meet SMB demands

September 3, 2024September 3, 2024 · Banking

U.S. Bank is developing AI and automation-driven solutions to improve productivity for its small and medium-sized business clients.  Nearly 71% of U.S.-based SMBs think that digital solutions including…

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Transactions: U.S. Bank joins forces with Billtrust for B2B payments | Bank Automation News

Transactions: U.S. Bank joins forces with Billtrust for B2B payments | Bank Automation News

August 7, 2024August 7, 2024 · Banking

U.S. Bank is working with payments service provider Billtrust to provide business customers with an accounts receivable solution.  The platform, called Advance Receivables, will help automate invoicing and…

Read more Transactions: U.S. Bank joins forces with Billtrust for B2B payments | Bank Automation News
U.S. Bancorp splits new president’s former duties between two executives

U.S. Bancorp splits new president’s former duties between two executives

June 5, 2024June 5, 2024 · Banking

U.S. Bancorp in Minneapolis has promoted two longtime executives into expanded roles leading two areas of the company’s wealth, corporate, commercial and institutional banking division. Stephen Philipson and…

Read more U.S. Bancorp splits new president’s former duties between two executives
Sei Investments Co. Increases Holdings in U.S. Bancorp (NYSE:USB)

U.S. Bancorp (NYSE:USB) Shares Sold by Vontobel Holding Ltd.

April 19, 2024April 19, 2024 · Banking

Vontobel Holding Ltd. cut its stake in shares of U.S. Bancorp (NYSE:USB – Free Report) by 16.4% in the 4th quarter, according to the company in its most…

Read more U.S. Bancorp (NYSE:USB) Shares Sold by Vontobel Holding Ltd.
Bank of America, U.S. Bank fight back against 'Right to Gripe' suits

Bank of America, U.S. Bank fight back against 'Right to Gripe' suits

January 22, 2024January 23, 2024 · Banking

U.S. Bank and Bank of America are both defending themselves against lawsuits alleging that their terms of service violated California’s so-called “Right to Gripe” law.Bloomberg Bank of America…

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PNC, U.S. Bank closed roughly one in 10 branches in 2023

PNC, U.S. Bank closed roughly one in 10 branches in 2023

December 15, 2023December 15, 2023 · Banking

The overall pace of bank branch closures slowed in 2023, but certain banks still slashed the size of their brick-and-mortar networks substantially.  U.S. banks closed 2,118 branch locations…

Read more PNC, U.S. Bank closed roughly one in 10 branches in 2023
Dividend stocks are dirt cheap. It may be time to back up the truck.

Dividend stocks are dirt cheap. It may be time to back up the truck.

October 11, 2023October 11, 2023 · Breaking News

The stock market always overreacts, and this year it seems as if investors believe dividend stocks have become toxic. But a look at yields on quality dividend stocks…

Read more Dividend stocks are dirt cheap. It may be time to back up the truck.
U.S. Bank developing AI tools to meet SMB demands

U.S. Bank Increases Tech Spend 25% | Bank Automation News

July 19, 2023July 20, 2023 · Banking

U.S. Bank focused on completing its integration of Union Bank in the second quarter, after acquiring the New York-based bank in December. The $590 billion U.S. Bank gained…

Read more U.S. Bank Increases Tech Spend 25% | Bank Automation News
Microsoft Stock Is a Buy, American Tower Can Climb, and More Analyst Reports

Microsoft Stock Is a Buy, American Tower Can Climb, and More Analyst Reports

July 14, 2023July 14, 2023 · Business

These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered…

Read more Microsoft Stock Is a Buy, American Tower Can Climb, and More Analyst Reports
Fed stress tests see large banks able to handle recession and slide in commercial real estate prices

Fed stress tests see large banks able to handle recession and slide in commercial real estate prices

June 28, 2023June 28, 2023 · Breaking News

The U.S. Federal Reserve said Wednesday that all 23 banks in this year’s stress tests withstood a hypothetical “severe” global recession and losses of up to $541 billion…

Read more Fed stress tests see large banks able to handle recession and slide in commercial real estate prices
Moody’s Downgrades 11 Regional Banks, Including Zions, U.S. Bank, Western Alliance

Moody’s Downgrades 11 Regional Banks, Including Zions, U.S. Bank, Western Alliance

April 21, 2023April 21, 2023 · Business

Moody’s Downgrades 11 Regional Banks, Including Zions, U.S. Bank, Western Alliance Source link

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First Republic gets  billion in deposits from 11 major U.S. banks, but stock resumes slide as it suspends dividend

First Republic gets $30 billion in deposits from 11 major U.S. banks, but stock resumes slide as it suspends dividend

March 16, 2023March 16, 2023 · Breaking News

Bank of America BAC, Citigroup C, JPMorgan Chase JPM and Wells Fargo WFC said Thursday that they are each making $5 billion in uninsured deposits into First Republic…

Read more First Republic gets $30 billion in deposits from 11 major U.S. banks, but stock resumes slide as it suspends dividend
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