Us Bancorp news and trends

Regional Banks Show Card Spending, Digital Growth Steady
Earnings // April 19, 2023

Bank earnings continue to roll in. Beyond the biggest players, J.P. Morgan, Citigroup, and others, the regionals and the super-regional banks have shown some resilient trends: Consumers continue to spend, digital and omnichannel efforts continue to make headway. The deposit volatility that might have been...

US Ponders Tougher Regs for Regional Banks, Muddling Merger Deals
Regulation // August 07, 2022

Regulators in the U.S. are looking into whether big regional banks should be required to add to the debt buffer that helps them in times of crisis, which could slow down some pending mergers. Both the Federal Reserve and the Office of the Comptroller of...

Big US Banks Pilot Credit Program For People With Low Or No Credit Scores
Banking // May 13, 2021

JPMorgan Chase, Wells Fargo and U.S. Bancorp are among the big U.S. banks working on a government initiative to get credit into the hands of people with no or low credit scores, The Wall Street Journal reported on Thursday (May 13), citing sources. In order to...

US Bank Dials Back Growth Forecasts
Banking // September 12, 2019

To reflect the upcoming adoption of new accounting standards as well as lower interest rates, U.S. Bancorp cut its growth outlook in the long term. Multiple large U.S. banks have decreased their targets with an economic environment that is changing, the Financial Times reported. U.S....

Interviews & Exclusives
Regional Banks Show Card Spending, Digital Growth Steady

April 19, 2023
Bank earnings continue to roll in. Beyond the biggest players, J.P. Morgan, Citigroup, and others, the regionals and the super-regional banks have shown some resilient trends: Consumers continue to spend, digital and omnichannel efforts continue to make headway. The deposit volatility that might have been expected in the wake of the Silicon Valley Bank (SVB) […]

Quick Reads
US Bank Sets Effective Date of Previously Announced CFO Transition

August 23, 2023
U.S. Bank has set the effective date of two previously announced promotions. Effective Sept. 1, the bank’s current vice chair and CFO, Terrance Robert Dolan, will become vice chair and chief administration officer overseeing the company’s combined Chief Administration Office, U.S. Bank said in a Wednesday (Aug. 23) press release. On the same day, U.S. […]

US Ponders Tougher Regs for Regional Banks, Muddling Merger Deals

August 07, 2022
Regulators in the U.S. are looking into whether big regional banks should be required to add to the debt buffer that helps them in times of crisis, which could slow...

Big US Banks Pilot Credit Program For People With Low Or No Credit Scores

May 13, 2021
JPMorgan Chase, Wells Fargo and U.S. Bancorp are among the big U.S. banks working on a government initiative to get credit into the hands of people with no or low...

US Bank Dials Back Growth Forecasts

September 12, 2019
To reflect the upcoming adoption of new accounting standards as well as lower interest rates, U.S. Bancorp cut its growth outlook in the long term. Multiple large U.S. banks have...