US Bancorp CEO Richard Davis receives compensation package worth $6.6 million in 2009 U.S. Bancorp CEO Richard Davis took home 2 percent less in total compensation in 2009 than he did the previous year. Davis received $6.6 million in total compensation in ...
<div id="subtitle">US Bancorp 4th-quarter earnings tumble 72 percent on higher credit costs, shares tumble</div><div><p>U.S. Bancorp shares hit a 12-year low on Wednesday after the Minneapolis-based bank reported a 72 percent drop in earnings in the final three months of last year — ...
<div id="subtitle">US Bancorp's 1st-qtr earnings decline 61 percent on rising loan losses but beat expectations</div><div><p>U.S. Bancorp said Tuesday its first-quarter profit fell 61 percent as it more than doubled its provision for loan losses and took charges tied to securities losses. However, ...
<div id="subtitle">Regional banks' 1st-quarter earnings reports mostly disappoint as loan losses soar</div><div><p>Midsize and regional banks are finding themselves in the same predicament as big names like Goldman Sachs and JPMorgan: Facing more losses as more people fall behind on their loans.</p><p ...
<div id="subtitle">Morgan Stanley cancels events tied to golf tournament it sponsors</div><div><p>Morgan Stanley said Wednesday it would eliminate events for entertaining clients that had been scheduled to run in conjunction with a professional golf tournament it sponsors in June.</p><p>Morgan Stanley ...
<div id="subtitle">Labor Department urges states to limit fees on unemployment debit cards</div><div><p>The U.S. Department of Labor will launch a national education program to help jobless workers avoid fees while collecting unemployment benefits through bank-issued debit cards.</p><p>But the agency ...
<div id="subtitle">American Express or US Bank? Tips to help you decide which card offers better airline rewards</div><div><p>American Express Co. is trying to siphon away U.S. Bancorp customers in a new marketing campaign it is rolling out.</p><p>For years, U ...
<div id="subtitle">US Bancorp 3rd-quarter earnings fall 47 percent on higher credit costs, investment losses</div><div><p>U.S. Bancorp said Tuesday that its third-quarter profit fell 47 percent, below analysts' expectations, as it took hits on investments and set aside a bigger provision for credit losses.</p> ...
<div id="subtitle">KeyCorp, other banks plan stock offerings, sending financial shares lower</div><div><p>KeyCorp, which is among 10 major banks ordered by the government to raise more capital as a buffer against future losses, joined several other banks Monday in announcing public stock offerings.</p><p ...
<div><p>NEW YORK (Reuters) - U.S. Bancorp <USB.N>, the eighth-largest U.S. bank, said it sold $3.5 billion of stock and bonds as it tries to raise sufficient funds to repay a taxpayer bailout.</p><p>The Minneapolis-based lender sold $2.5 billion of stock ...
