U.S. Bancorp said in its latest earnings report that consumers are continuing to boost their credit card loans – and though charge-offs have increased, credit...
U.S. Bancorp is forecasting a decline in net interest income for this year. In announcing its earnings Wednesday (April 17), the lender said it anticipates net...
With digital wallets now being used more after a years-long ramp-up, there’s a new battle brewing over which wallets consumers both know and trust with...
The merger of San Francisco-based MUFG Union Bank, National Association into U.S. Bank, National Association has been conditionally approved by the Office of the Comptroller...
The hearing is titled: “Holding Megabanks Accountable: Oversight of America’s Largest Consumer Facing Banks.” And the appearance of and testimony by executives from the seven...
The leaders of the country’s seven biggest commercial financial institutions will head to Washington, D.C., this week to face two Congressional hearings to review consumer...
Crises motivate people, companies, and even entire ecosystems to action. Shailesh Kotwal, vice chair of payment services at U.S. Bancorp (parent company of U.S. Bank),...
U.S. Bancorp executives said the company’s business customers may welcome more payments services — a line of offerings that already is the source of a...
U.S Bancorp announced on Tuesday (Sept. 21) that it will acquire MUFG Union Bank’s regional operations in an $8 billion deal. The bank said in...