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US Bancorp News

News on US Bancorp continually updated from thousands of sources around the net.

7 hrs ago | San Jose Business Journal

FDIC: Number of problem banks up 32%

The number of U.S. financial institutions on the Federal Deposit Insurance Corp.

Comment?

Related Topix: Banking, Financial Services, San Francisco Metro, Mountain View, CA, Fremont, CA

Mon Nov 23, 2009

WIBW-TV Topeka

Banks' Newest Game: Debit Card Fees

Could debit cards be the next cash cow for banks? If banks have their way, they will.

Comment?

Related Topix: Banking, Financial Services

CNN Money

Shut up, Lloyd Blankfein

The Goldman Sachs CEO is trying to portray the Wall Street titan as a paragon of virtue.

Comment?

Related Topix: Investment Banking, Financial Services, Goldman Sachs Group, Investment Services, Berkshire Hathaway, Insurance, Banking

Sat Nov 21, 2009

Financial Planning

At BofA, Quest for Outsiders Undermines Insiders as Plan B

There may be no more awkward position in financial services right now than being an internal candidate for the chief executive of Bank of America Corp.

Comment?

Related Topix: Banking, Bank of America, Financial Services

Fri Nov 20, 2009

TheStreet.com

Could Citigroup's Pandit Be Next?

The ouster of Alvaro de Molina from the CEO slot at GMAC Financial Services earlier this week by a board reportedly frustrated with the pace of the company's recovery begs the question: Is Citigroup's CEO Vikram Pandit next? With rivals like JPMorgan Chase , Goldman Sachs and large regional banks such as U.S. Bancorp clearly closer to business as ...

Comment?

Related Topix: Financial Services, Citigroup, Banking, Business News

Thu Nov 19, 2009

Charlotte Observer

U.S. Bank CEO sees growth in Charlotte

While many of his peers are hunkering down in the financial crisis, U.S. Bancorp chief executive Richard Davis is on the offensive.

Comment?

Related Topix: Banking, Financial Services, Hearst Argyle Television, Media, Television, Wachovia Corporation, Bank of America

Wed Nov 18, 2009

ABC News - Brian Ross

U.S. Bank Offers Visa Mobile Application

Some U.S. Bank debit card customers now have access to the Visa Mobile application, enabling customers to manage their Visa accounts using mobile devices.

Comment?

Related Topix: Financial Services, Banking, Visa Inc.

Star Tribune

Banks dangle bucks for savers

For years during the boom, the nation's big banks pushed loans -- from home equity lines of credit to credit cards -- like they were selling fast food at a stadium concession stand.

Comment?

Related Topix: Banking, Financial Services, Minnesota, Housing, Home, Mortgage

Mon Nov 16, 2009

Motley Fool

Why You Shouldn't Listen to Jim Cramer

"Whatever money you may need for the next five years, please take it out of the stock market right now, this week.

Comment?

Related Topix: Banking, Financial Services

Sun Nov 15, 2009

WCCO

Holiday Shopping Brings Identity Theft Warning

Share + Nov 11, 2009 10:52 pm US/Central Reporting Bill Hudson BLOOMINGTON, Minn.

Comment?

Related Topix: Banking, Financial Services, US Secret Service, US News, Offbeat

Sat Nov 14, 2009

Bloomberg.com

Citigroup Ends Extra Guarantee in Bet Accounts Over $250,000 Will Stay Put

Citigroup Inc. will stop paying to insure U.S. customersa checking accounts above the standard $250,000, a year after the bank almost suffered a run on deposits and had to get a $45 billion government bailout.

Comment?

Related Topix: Banking, Financial Services, Citigroup, Bank of America, North Carolina

Fri Nov 13, 2009

The Lisle Sun

Bank shuts down, reopens next day

Lisle residents may have noticed that the Park National Bank at 1026 Ogden Ave. in Lisle was shut down the last Friday of October and then reopened the next day.

Comment?

Related Topix: Financial Services, Banking

KHGI

Insurer Woodmen files $30M lawsuit against US Bank

Woodmen of the World wants U.S. Bank to pay nearly $30 million for investing some of the insurer's assets in risky mortgage-backed securities that plummeted in value instead of the conservative investments the bank promised.

Comment?

Related Topix: Financial Services, Banking

Bizjournals

U.S. Bank bulks up branches

U.S. Bank's Walker: Holding onto Pacific National customers is "job one." The banking industry's pain has been U.S. Bank 's gain over the past year, as the Minneapolis bank's aggressive acquisition of institutions closed by federal regulators has helped to almost double its California branch network.

Comment?

Related Topix: Banking, Financial Services, San Francisco Metro

Thu Nov 12, 2009

Myrtle Beach Online

World Bank warns unemployment threatens US economy

Stubbornly high joblessness threatens to trigger loan defaults and drag on consumption next year, hobbling a U.S. economy struggling to rebound from recession, World Bank President Robert Zoellick said Wednesday.

Comment?

Related Topix: Banking, Financial Services, Home, Mortgage, Personal Finance, Bank of America, Texas

Wed Nov 11, 2009

Finance and Commerce

U.S. Bank mulls large lease expiration

U.S. Bancorp is the sole tenant in the RiverBank Business Center on Shepard Road in St.

Comment?

Related Topix: Financial Services, Banking, St. Paul, MN, Minneapolis, MN, Real Estate

Reuters

U.S. Bancorp looks to expand credit card business

U.S. Bancorp , the sixth-largest U.S. bank by assets, is looking to expand its credit card business and is actively marketing its cards nationally, Chief Executive Richard Davis said at a conference on Tuesday.

Comment?

Related Topix: Banking, Financial Services, Oak Park, IL, Business News

International Business Times

Daily Wrap Up - Nov 10

It is the most prestigious job that nobody wants. Bank of America is searching for a new chief executive, and by all accounts, it is having a tough time finding someone for the job.

Comment?

Related Topix: Financial Services, Banking, Marketing

Tue Nov 10, 2009

Sac Bee

Treasury announces mortgage-modification trial

Nine months ago, the Obama administration offered banks $75 billion in taxpayer money to rework troubled mortgages.

Comment?

Related Topix: Home, Mortgage, Personal Finance, Foreclosures, Banking, Financial Services

Forbes.com

Ten Cities Where Home Prices Are Improving

Here are 10 cities were real estate values are bouncing back. Seventeen metro areas in the much-watched S&P/Case-Shiller Home Price Indexes saw price increases from July to August, according to Standard & Poor's. Home prices in both the 10-city and 20-city composite indexes and all metro areas except for Cleveland either improved or fell more ...

Comment?

Related Topix: Housing, 9, Banking, Financial Services, San Francisco Metro, Foreclosures

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