US BANCORP (USB) Stock News
NYSE:USB - New York Stock Exchange, Inc. - US9029733048 - Common Stock - Currency: USD
USB Latest News, Press Relases and Analysis
Gonzaga University and U.S. Bank Expand Partnership With a New Debit Card Design
JPM, BAC, and MS: How U.S. Bank Stocks Line Up in the Trump Era
The banking world feels like a high-stakes poker game. The chips are flying, the players are tense, and the dealer (i.e., the global economy) keeps throwing wild cards. Tariffs are spiking, markets are swinging, and whispers of a recession are growing louder. Yet, JPMorgan Chase (JPM), Bank of America (BAC), and Morgan Stanley (MS) are still at the table, brushing off market anxiety like seasoned risk takers. The three banking giants are navigating a landscape where intense trade wars, interest
Why Is U.S. Bancorp (USB) Up 16.7% Since Last Earnings Report?
U.S. Bancorp (USB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Mentions: BK
JPMorgan, BofA, Wells Fargo Retail Traders On Edge After Moody's Cuts Deposit Ratings For Big Banks After US Credit Downgrade
The ratings agency cited the weakened ability of the U.S. government to support the banks as the reason behind the cut.
JPMorgan CEO Jamie Dimon says markets are too complacent on tariffs, expects S&P 500 earnings growth to collapse
JPMorgan Chase CEO Jamie Dimon said markets and central bankers underappreciate the risks created by record U.S. deficits, tariffs and international tensions.
Mentions: JPM
Capital One just bought Discover. Here's what it means for their customers.
Discover has said accounts aren't linked to the new corporate owner, so Capital One branches and customer service can't help with Discover products.
JPMorgan CEO Jamie Dimon says the bank will let clients buy bitcoin
JPMorgan is now allowing clients to buy bitcoin, a major shift for the largest U.S. bank.
Greenwoods State Bank promotes Hegenbarth to president
Lake Mills, Wis.-based Greenwoods State Bank promoted James Hegenbarth to president. He succeeds Rob Cera, who now serves as co-CEO with Bill McDonald. [Continue]
JPMorgan CFO Says Net Interest Income Outlook Is Now ‘Slightly Better’
JPMorgan Chase & Co. Chief Financial Officer Jeremy Barnum said the bank’s outlook for net interest income is “probably slightly better than it was at first-quarter earnings.”
Mentions: JPM
Citigroup to shed 200 IT contractor jobs in China
Around 100 IT contractors at the unit were informed their contracts would not be renewed, with 100 more to be notified shortly.
Mentions: C
JPMorgan aims to ‘resist’ headcount growth
Although headcount increases in recent years were necessary to support growth, “we do suspect some inefficiency was introduced,” the bank’s CFO said during Monday’s investor day.
Mentions: JPM
Factbox-JPMorgan executives take center stage with succession, tariffs in focus
(Reuters) -JPMorgan Chase's top brass will take center stage at its investor day on Monday, with tariffs and a succession plan once again in focus. Investors will be watching closely for signals on CEO Jamie Dimon's succession, as a slew of executives position themselves to take the helm at the Wall Street giant. While recent progress in trade talks between the White House and its partners has improved market sentiment, uncertainty still lingers.
Mentions: JPM
These 2 Dividend Stocks Also Happen to Be American Companies (Somewhat) Insulated From Trade War Troubles
The secret to Warren Buffett’s stock-picking success: He knew how to change his mind
The Berkshire Hathaway guru's willingness to adapt helped him earn billions from Apple and donate billions to the Bill & Melinda Gates Foundation.
Bond vigilantes killed Trump’s reciprocal tariffs—and they’re weighing in on GOP’s push for tax cuts
The bill arriving in Congress could add an estimated $3.8 trillion to the federal deficit through 2034.
Citi to cut up to 200 tech contractor roles in China, sources say
The bank is aiming to reduce the share of external contractors in IT to 20 from 50 per cent.
Mentions: C
Exclusive-Citi to cut up to 200 tech contractor roles in China, sources say
HONG KONG (Reuters) -Citigroup is cutting up to 200 information technology (IT) contractor roles in China, two people familiar with the matter said, as the bank looks to hire its own staff globally for such operations to improve risk management and data governance. Last July, U.S. bank regulators fined Citi $136 million for making "insufficient progress" fixing data management issues and the IT revamp underscores Citi's efforts to meet regulatory demands. Around 100 IT staff in China were informed this week that their contracts will not be renewed, and another 100 are likely to receive their termination notices soon, said the people, who declined to be named due to sensitivity of the matter.
Mentions: C
How soon can you pull equity out of your home?
Actually, it’s more a question of how much rather than how soon.
Ole Andreas Halvorsen’s Viking Global bet on banks and more than doubled its stake in Nvidia in the first quarter
Viking increased its stake in U.S. Bancorp by 43%. It also raised its position in Nvidia and opened a fresh holding in Meta Platforms.
Why EHang Holdings Stock Flew More Than 3% Higher on Wednesday
The bank's analyst is rather bullish on EHang's future. Next-generation aircraft maker EHang Holdings (NASDAQ: EH) gained some altitude in Wednesday's stock trading session. The China-based company's American Depositary Receipts (ADRs) zoomed more than 3% higher on a prominent U.S. bank initiation of coverage.
Why EHang Holdings Stock Flew More Than 3% Higher on Wednesday
3-Payday May: 4 Tips To Budget for Your Extra Paycheck
What are you planning to do with your additional May pay?
Mentions: VZ
U.S. Bancorp (USB): One of the Best Dividend Growth Stocks with High Yields
We recently published a list of the 20 Best Dividend Growth Stocks with High Yields. In this article, we are going to take a look at where U.S. Bancorp (NYSE:USB) stands against other best dividend growth stocks. Dividend-paying stocks have been gaining popularity among investors due to their long-term advantages. According to Jeremy Zirin, who […]
Mentions: UBS
What is an after-tax 401(k) and who should make contributions to one?
An after-tax 401(k) lets workers take greater advantage of their employer’s retirement plan.
JPMorgan’s Ornate City of London Office Vandalized by Protesters
A JPMorgan Chase & Co. office in the City of London has been defaced, making it the latest firm in the Square Mile to draw protesters over the past few years.
Mentions: JPM
The future of banking: Advice for modern leaders
Peter Stenehjem explains how traditional financial institutions can pivot towards a modern leadership approach
Generative AI may shoulder up to 40% of workload, some bank execs predict
Six in 10 bank executives list generative AI as a top investment priority this year, according to a survey published in April by KPMG.
Bank of America Plans 150 New Locations Over Three Years
(Bloomberg) -- Bank of America Corp. plans to open more than 150 new financial centers by the end of 2027 as the second-largest US bank pushes further into growing markets. Most Read from BloombergA New Central Park Amenity, Tailored to Its East Harlem NeighborsWhat’s Behind the Rise in Serious Injuries on New York City’s Streets?As Coastline Erodes, One California City Considers ‘Retreat Now’NYC Warns of 17% Drop in Foreign Tourists Due to Trump PoliciesLA Mayor Credits Trump on Fire Aid, Stays
Bank of America Plans 150 New Locations Over Three Years
Bank of America Corp. plans to open more than 150 new financial centers by the end of 2027 as the second-largest US bank pushes further into growing markets.
Mentions: BAC
Aypa Power secures $535m for hybrid solar and energy storage project in California
The project, known as Vidal, will combine 160MW of solar generation with a 160MW/640MWh BESS.
Mentions: SAN
Fed survey finds general ease in first-quarter credit demand
(Reuters) -Top U.S. bank lending officers reported weaker demand from businesses and consumers for many types of credit during the first three months of the year, according to a Federal Reserve report released on Monday, reversing a short-lived surge in loan demand the previous quarter. The number of banks reporting weaker demand for commercial and industrial loans outnumbered those reporting stronger demand by the biggest margin in a year for small firms, the central bank’s April Senior Loan Officer Survey detailing activity during the first quarter showed. Banks also tightened lending standards for business loans, the report showed, with the net percentage of officials reporting stricter standards rising in the first quarter to the highest in a year and a half for large firms, and in a year for small firms.
S&P 500 Companies' Earnings Growth Slows, Revenue Expansion Accelerates, Oppenheimer Says
S&P 500 companies' latest quarterly results showed the pace of earnings growth slowing down compared
Mayo Sees JPMorgan Becoming $1 Trillion Bank Within Three Years
(Bloomberg) -- JPMorgan Chase & Co. could become the first bank to reach a $1 trillion market capitalization within the next three years, according to Wells Fargo.Most Read from BloombergA New Central Park Amenity, Tailored to Its East Harlem NeighborsAs Trump Reshapes Housing Policy, Renters Face Rollback of RightsWhat’s Behind the Rise in Serious Injuries on New York City’s Streets?NYC Warns of 17% Drop in Foreign Tourists Due to Trump PoliciesLA Mayor Credits Trump on Fire Aid, Stays Wary on
Mayo Sees JPMorgan Becoming $1 Trillion Bank Within Three Years
JPMorgan Chase & Co. could become the first bank to reach a $1 trillion market capitalization within the next three years, according to Wells Fargo.