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A regional bank holding company based in Minneapolis.
U.S. Bancorp settles dispute with Peregrine for $44.5M
Bank allegedly let founder of Peregrine use brokerage funds as his own money.
U.S. Bank, 3M, Ecolab, Thrivent named among 'most ethical' businesses
The group featured U.S. Bancorp, 3M, Ecolab and Thrivent Financial.
While profit rises, U.S. Bancorp focuses on costs, waits for Fed hike
Loan profitability will get a boost when Fed lets rates rise.
U.S. Bank moves Cecere to operations chief
Andy Cecere's move from finance to operations chief at U.S. Bancorp suggests he's in line to be the company's next top leader.
November 22, 2014
U.S. Bank to add 2,000 workers in 2015
CEO Richard Davis says the economy is getting stronger and business should grow.
November 21, 2014
CEO Richard Davis: U.S. Bank will hire between 2,000 and 3,000 in 2015
U.S. Bancorp is hiring about 1,500 people in 2014 and will hire up to another 3,000 by the end of 2015, CEO Richard Davis said in an interview with Bloomberg in New York.
October 31, 2014
U.S. Bank tests ways to fight bias against long-term unemployed
U.S. Bank is piloting a federal program that tackles an ugly legacy of the recession – a hiring bias against the long-term unemployed.
October 22, 2014
U.S. Bank profit flat as commercial loans grow
Commercial loans grew at more than twice the rate of its overall lending portfolio.
October 9, 2014
Fair housing group challenges U.S. Bank over upkeep of foreclosed Mpls. properties
A fair housing group said the bank failed to maintain certain foreclosed properties. The bank denied the charge.
September 25, 2014
July 1: U.S. Bank to pay feds $200 million for FHA claims
The U.S. Department of Justice blamed the lender for contributing to the nation’s costly housing collapse and epidemic of foreclosures. The bank did not admit any liability.
July 17, 2014
Lending spurt accelerates second quarter profit for U.S. Bancorp
Commercial loans were up 12.4 percent for the big, Minneapolis-based bank.
June 17, 2014
Polaris Industries CEO to join U.S. Bancorp's board of directors
Scott Wine, 47, is credited with driving significant revenue growth at Polaris, which makes all-terrain vehicles, snowmobiles, motorcycles and accessories.
June 11, 2014
Ex-U.S. Bank employee is guilty in 2nd bribery case
Wilbur Tate III, also suspected of taking bribes from a Florida debt agency, awaits sentencing.
June 8, 2014
Hartman: Expect U.S. Bank to get stadium naming rights
The deal will be an agreement much like the one the Twins made with Target for a 25-year contract, with its worth believed to be between $7million and $10 million per year.
May 31, 2014
As revenue slows, U.S. Bank turns to cost cutting
The Minneapolis bank is holding off on hiring and travel, and a technology unit has cut salaries.
May 30, 2014
May 25: U.S. Bank CEO Richard Davis: 'Banker body, preacher soul'
The chief executive of U.S. Bank has become a powerful, persuasive force in the civic life of the Twin Cities.These days, if it’s a high-stakes moment for Minnesota, the chief executive of U.S. Bank is almost always in the middle of it.
May 25, 2014
March 3: CEO Pay Watch: Richard Davis, U.S. Bancorp
Richard Davis, chairman, president and CEO of U.S. Bancorp had total compensation of $15,485,979 for the year ended Dec. 31, 2013.
May 8, 2014
U.S. Bancorp reports new investigations of FHA-backed loans
Federal investigators looking into mortgage origination, servicing.
January 29, 2014
Banks have replaced 15.3M cards since Target breach
Wells Fargo & Co. is the latest bank to shift gears and start proactively replacing cards exposed during Target’s breach.
January 23, 2014
U.S. Bank looking forward to ’14
Fourth-quarter net income grew as the nation's fifth-largest bank offset reductions in its mortgage business with gains in other lines.
January 18, 2014
Wells Fargo, U.S. Bank drop payday loans
U.S. Bank says it’s looking for a better alternative to the high-interest loans.
January 5, 2014
Pamela Joseph, head of payment services, U.S. Bancorp
« We’ll finally start to see the movement around mobile payments. We’ve been waiting for this magical moment to take place. » Pamela Joseph, head…
November 26, 2013
U.S. Bank to offer American Express card
Like Wells Fargo, the bank is adding consumer credit options.
November 26, 2013
Federal regulators limit banks' payday loans
Banks must assess each borrower’s ability to repay the loans, and they can make only six a year per customer.
October 17, 2013
U.S. Bancorp profit holds steady, shares rise
Deposits and lending activity grew while mortgage revenue felt effect of higher interest rates. “We’re taking market share,” CEO said.
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