U.S. Bancorp (USB) - NYSE
  • Jun. 23, 2014, 8:41 AM
    • The purchase of the Chicago-area Charter One branches from RBS's Citizens Financial was originally announced in January.
    • The deal gives U.S. Bancorp's (USB) U.S. Bank an additional 94 branches, bringing its total Chicagoland area branches up to 160.
    • Previously: U.S. Bancorp loses Buy rating; buys Chicago ops from RBS
    | Jun. 23, 2014, 8:41 AM
  • Dec. 21, 2011, 3:00 PM

    Bank of America (BAC -0.3%) conducts yet another asset sale: Its FIA Card Services division is unloading a $700M credit-card loan portfolio to U.S. Bancorp's (USB +1.1%) Elan Financial unit. The move comes 6 months after FIA sold a $1B portfolio to Regions Financial (RF).

    | Dec. 21, 2011, 3:00 PM | 1 Comment
Company Description
U.S. Bancorp operates as a bank holding company, which through its subsidiary provides banking services. It provides a full range of financial services, including lending and depository services, cash management, foreign exchange and trust and investment management services. The company also... More
Sector: Financial
Industry: Regional - Midwest Banks
Country: United States