U.S. Bank

Wider margins, one-time tax gain boost U.S. Bancorp in 4Q

01/17/18

Total loans rose 3% at the Minneapolis bank, but its net interest margin climbed 10 basis points. It also booked a one-time accounting gain of $910 million related to tax reform.

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U.S. Bancorp CEO Andy Cecere adds chairman to title

01/16/18

Cecere, 57, will succeed longtime executive Richard Davis, who has served as chairman since retiring as CEO last year.

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U.S. Bancorp, PNC, others fined as Fed ends foreclosure cases

01/12/18

The payments resolve a number of cases that date back to 2011 and were among the largest coordinated U.S. enforcement efforts in the years following the crisis.

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U.S. Bank teams with nonprofit to help drive more loans to CDFIs

01/08/18

The Minneapolis bank is the first bank to join Community Reinvestment Fund's online service that matches small-business borrowers who don’t qualify for bank loans with community development financial institutions.

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Blockchain hype, CFPB outlook and Dodd-Frank's staying power: Top stories of the week

01/05/18

Dueling blockchain stories — one arguing it was virtually useless, the other saying it could change real estate lending — seized the top spots this week, while readers also focused on tax reform aftermath and a key Senate retirement.

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Forget 4Q results. Tax cuts will dominate earnings chatter

01/05/18

Banks have been in full cost-cutting mode in recent years, but with profits expected to increase substantially as a result of tax reform, all analysts and investors want to know is how they plan to spend their tax savings.

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Banks tap new source of fee income in helping firms with e-payments

01/02/18

Commercial customers, including small businesses, seem ready to pay up to shift to faster, more sophisticated electronic invoicing and payments, and enterprising banks that provide them the technology to do so could find it lucrative.

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Trio of regional banks latest to hike pay after tax reform

01/02/18

Three additional banks announced bonuses, wage hikes and charitable contributions resulting from the lower corporate tax rate enacted by Congress.

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As insurers drown in paper, banks see a digital opportunity

12/14/17

Some firms are investing in technology to help insurance clients shift to paperless payment processing.

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Tax hits, deposit wars, paydown blues: A 4Q preview

12/07/17

It’s only early December, but bank CEOs’ comments this week about tax reform, their thirst for deposits, consumer lending initiatives, and challenges in commercial lending offer a sneak peek at what’s coming when earnings season begins next month.

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