U.S. Bancorp

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u.s. bancorp - All News and Analysis

• U.S. Bancorp Looks to Expand Credit Card Business

  Reuters - 2009-11-10

  NEW YORK (Reuters) - U.S. Bancorp USB, 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.The Minneapolis-based bank, which has so far avoided serious loan losses during the...

  Tags: U.S. Bancorp, Credit Card, Banking, Sales Channel, Financial Services, Finance, Sales, Us

• Unsexy U.S. Bancorp Knocks Investors and Customers Dead

  BNET - 2009-11-02

  U.S. Bancorp's slow-and-steady growth strategy has allowed it surge while other banks slide by Alain Sherter

  Tags: U.S. Bancorp, Investor, Financial Accounting, Financial Services, Strategy, Finance, Management, Alain Sherter

• FBOP Shuttered, as U.S. Bancorp Swoops in

  BNET - 2009-11-01

  Time finally ran out on FBOP. The FDIC on Friday seized the $18.2 billion banking company, whose nine subsidiary banks will be absorbed by U.S. Bancorp USB. The nine shuttered banks are Bank USA of Phoenix; California National Bank of Los Angeles; San Diego National Bank of...

  Tags: Bank, U.S. Bancorp, Financial Services, Alain Sherter

• Record 9 U.S. Banks Seized in One Day

  ReutersUK - 2009-10-31

  By Sam Mircovich and Edwin ChanLOS ANGELES (Reuters UK) - U.S. authorities seized nine failed banks on Friday, the most in a single day since the financial crisis began and the latest stark sign that substantial parts of the nation's banking industry are being crippled by bad loans.The move brought...

  Tags: Asset, Bank, U.S. Bancorp, BB&T Corp., Cal National, Comerica Inc., Synovus Financial Corp., Zions Bancorporation

• Nine U.S. Banks Seized in Largest One-day Haul

  Reuters - 2009-10-30

  By Sam Mircovich and Edwin ChanLOS ANGELES (Reuters) - U.S. authorities seized nine failed banks on Friday, the most in a single day since the financial crisis began and the latest stark sign that substantial parts of the nation's banking industry are being crippled by bad loans.The move brought the...

  Tags: Asset, Bank, U.S. Bancorp, Asset Management, Financial Services, Operational Planning, Business Operations, Cal National

• U.S. Bancorp Gets $18 Billion Seized Bank Assets

  BNET - 2009-10-30

  By Sam Mircovich and Edwin Chan LOS ANGELES (Reuters) - U.S. Bancorp on Friday acquired nine banks held by FBOP Corp, picking up $18.4 billion in assets after regulators seized a major Los Angeles lender and eight other banks in the latest failures to emerge from the financial crisis. Among...

  Tags: Bank, U.S. Bancorp

• For Banks, Good Blend Makes for Potent Brew

  BNET - 2009-10-22

  Regional bank U.S. Bancorp, whose loans are moldering like last week's leftovers, on Wednesday reported third-quarter earnings of $603 million and growing revenue. Regional bank Keycorp, whose loans are moldering like last week's leftovers, on Wednesday reported third-quarter losses of $422 million and shrinking revenue. What gives?...

  Tags: Bank, KeyCorp, U.S. Bancorp, Loan, Financial Services, Alain Sherter

• Financials Slam Wall Street; EBay Drops Late

  BNET - 2009-10-21

  By Ellis Mnyandu NEW YORK (Reuters) - U.S. stocks fell on Wednesday, hurt by a late sell-off in financial shares after an influential bank analyst recommended selling Wells Fargo WFC shares and a wider-than-expected loss from Boeing BA disappointed investors. For most of the session, stocks had traded higher as...

  Tags: loss, Bank, New York Mercantile Exchange, Boeing Co., U.S. Bancorp, energy sector

• U.S. Bancorp Q3 2009 Earnings Call Transcript

  Seeking Alpha - 2009-10-21

  Question-and-Answer SessionOperator Operator instructions Your first question comes from the line of Matt O'Connor of Deutsche Bank. Matt O'Connor – Deutsche Bank Hi Richard, Andy. Richard Davis Good morning Matt. Matt O'Connor – Deutsche Bank You point to a lot of small acquisitions that you have done this quarter....

  Tags: Acquisition, U.S. Bancorp, Growth, Deutsche Bank AG, Call Transcript, Earnings, Mergers & Acquisitions, Corporate Law, Investment, Finance, Business Operations, Seeking Alpha

• Wells Fargo, US Bancorp get boost from mortgages

  BNET - 2009-10-21

  Reuters NEW YORK - Wells Fargo & Co and US Bancorp posted earnings that trounced Wall Street expectations, helped by outsized revenue from underwriting mortgages, but it is not clear how long that bonanza will last. US mortgage applications have fallen 15 per cent so far this month, according to...

  Tags: Thomson Reuters Corp., mortgage, Wells Fargo & Co., U.S. Bancorp, publication