U.S. Bancorp

Furloughed employees' latest headache: Work-related credit card debt

01/22/19

For thousands of government employees, credit card bills are coming due for travel and other expenses they incurred before the shutdown.

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Freed from consent order, U.S. Bank steps up branch plan

01/16/19

The nation’s fifth-largest bank now has the financial flexibility to consolidate more branches in existing markets and open new, smaller ones in cities where it has no retail presence, CEO Andy Cecere said.

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Fed not an impediment to fintechs' charter ambitions: OCC's Otting

01/16/19

Some in the industry worry the Fed may balk at allowing OCC charter recipients into the payments system, but Otting downplayed those concerns.

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Warren asks big banks for details on their shutdown response

01/16/19

Sen. Elizabeth Warren questioned the five largest U.S. retail banks in a letter on what they are doing to reduce the impact of the government shutdown on customers.

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Banks, credit unions help federal workers weather shutdown

01/11/19

Financial institutions of all sizes are offering low- or zero-rate loans, waiving fees and making other arrangements to aid federal workers — a practice that regulators officially blessed on Friday, the 21st day of the closing of many U.S. agencies.

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The top stories of 2018

12/30/18

The year saw anxiety over how banks would respond to record consumer debt, disruptive glitches at TD Bank and SunTrust, ongoing scandal at Wells Fargo, and much, much more.

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U.S. Bank, Citi freed from Obama-era enforcement orders

12/21/18

The Office of the Comptroller of the Currency announced Friday that it has lifted restrictions relating to U.S. Bank's flawed efforts to prevent money laundering and Citi's deceptive marketing and billing practices.

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What the first change to lease accounting in decades means for banks

12/11/18

The Financial Accounting Standards Board is requiring all companies to record leases for property and equipment on their balance sheets. Here’s how that revision could affect banks’ loan decisions — and their own capital ratios.

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U.S. Bancorp letting customers have a hand in product design

12/07/18

The regional bank is working with customers to help develop and launch new products, including a small-business credit card.

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Recession worries? Trade war? Forget about 'em, bank CEOs say

12/04/18

Big-bank execs downplayed gloomy economic forecasts and said a commercial lending rally, niche M&A and smart tech spending will drive growth in 2019.

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