Key insight: Bank CEOs are expressing alarm about the potential impacts of President Trump's call for a 10% limit on credit-card interest rates.What's at stake: Credit-card interest rates are an important source of income for banks with large card portfolios. Enacting a cap would cut into banks' earnings, analysts said.Forward look: Though Trump told banks to implement the rate reduction by Jan. 20, few think the demand will be met.Brian Moynihan is usually very careful to avoid commenting on politics, part ...

Analysts on Wall Street project that U.S. Bancorp (USB) will announce quarterly earnings of $1.19 per share in its forthcoming report, representing an increase of 11.2% year over year. Revenues are projected to reach $7.33 billion, increasing 5% from the same quarter last year.Over the last 30 days, there has been an upward revision of 0.5% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts ...

Looking back at my previous analysis of U.S. Bancorp ( USB ) from April of last year, the whole story looks like a beautiful turnaround. The stock was at the low forty-dollar range, down aboutI write about stocks I’m personally interested in adding to my portfolio. I’m not a professional advisor, but I study business and economics and analyze markets full-time. My writing is meant for both complete beginners — I avoid unnecessary complexity — and advanced readers, as I always aim to offer a distinct and wel ...

智通财经APP获悉，分析师指出，拟议的信用卡利率上限政策将对规模达700亿美元的信用卡债务证券 化市场(即将信用卡债务打包成债券的市场)构成沉重打击。但投资者普遍认为该政策实际落地的概率极 低，市场反应异常平淡。 多位市场参与者进一步证实，自上周五美国总统唐纳德·特朗普提出"一年期10%利率上限"的设想以来， 投资者对持有此类证券所要求的风险溢价几乎未发生任何变化，市场情绪与行为均呈现出"无动于衷"的 态势。 然而，一旦利率政策实施封顶限制，债券投资者将率先承压。摩根大通策略师艾米·泽(Amy Sze)与西达 尔特·特里帕蒂(Siddharth Tripathy)在周二发布的报告中明确指出，针对银行信用卡应收账款支持的债券 产品，10%的利率上限将使关键收益指标"超额利差"——这一通过提供额外现金流缓冲以吸收损失、降 低风险的重要指标——显著下滑至与2008年全球金融危机时期相当的水平。 Academy Securities交易员丹尼尔·谢弗(Daniel Schaeffer)指出，信用卡资产支持证券市场对利率上限政策 风险高度敏感。他进一步阐释："若实施利率上限，将直接阻断大量目前支付10%乃至30%-50 ...

Market Overview - U.S. stock markets are experiencing a mixed session with major indexes showing slight pullbacks as investors assess inflation data and fourth-quarter earnings reports [1][2] - The S&P 500 Index is down less than 0.1%, the Nasdaq Composite Index has slipped 0.2%, and the Dow Jones Industrial Average has fallen 0.6% [2] Economic Indicators - The December Consumer Price Index (CPI) data shows a 2.7% year-over-year rise in headline inflation, matching expectations, while core inflation is at 2.6%, slightly below the projected 2.8% [4] - The 10-year Treasury yield has decreased to below 4.18% from 4.20% following the CPI data release, indicating potential room for Federal Reserve interest rate cuts [4] Earnings Reports - JPMorgan Chase (JPM) reported adjusted profits exceeding expectations but with slightly lower revenue, leading to a 2.5% decline in shares [7] - Delta Air Lines (DAL) shares fell nearly 6% pre-bell and 1.5% in recent trading after forecasting lower-than-expected profit growth for fiscal 2026, despite reporting operating revenue of $16.00 billion [7] - L3Harris Technologies (LHX) shares surged 3% to an all-time high following plans to spin off its Missile Solutions business, supported by a $1 billion government investment [8] Sector Movements - A sector rotation trend has been observed since late December 2025, with the Dow Jones and small-cap Russell 2000 outperforming AI-heavy mega-cap technology stocks [3] Corporate Developments - Sun Country Airlines Holdings Inc. (SNCY) shares jumped 10.6% after announcing an acquisition agreement with Allegiant Travel (ALGT) valued at $18.89 per share [10] - Posco Holdings Inc. (PKX) shares rose 12% after raising $700 million in global bond markets and providing a positive earnings outlook for 2026 [11] Political Impact - President Trump's proposal to cap credit card interest rates at 10% has negatively impacted financial stocks, with Visa (V) and Mastercard (MA) down 5%, and American Express Company (AXP) down 4.3% [9]

Core Viewpoint - U.S. Bancorp is set to enhance its capital markets business through the acquisition of BTIG, a financial services firm specializing in investment banking and related services [2][4]. Group 1: Acquisition Details - The acquisition of BTIG is valued at $725 million, with an additional cash consideration of up to $275 million contingent on performance targets over three years [3]. - The definitive agreement for the acquisition was signed on January 12, with expectations for the transaction to close in the second quarter, pending regulatory approvals [2]. Group 2: Strategic Implications - The acquisition will provide U.S. Bancorp with enhanced capabilities in investment banking, institutional sales, trading, research, and prime brokerage [2]. - U.S. Bancorp CEO Gunjan Kedia emphasized that BTIG's talent and technology will facilitate continued growth in capital markets and strengthen client relationships [4]. Group 3: Leadership and Client Impact - Following the acquisition, BTIG's leadership team will remain in place, with BTIG CEO Anton LeRoy continuing to lead the firm [4]. - BTIG serves over 3,500 institutional and corporate clients globally and has a workforce of more than 700 employees across various locations [5].

Core Viewpoint - U.S. Bancorp is set to enhance its capital markets business through the acquisition of BTIG, a financial services firm specializing in investment banking and related services [2][4]. Group 1: Acquisition Details - The acquisition of BTIG is valued at $725 million, with an additional cash consideration of up to $275 million contingent on performance targets over three years [3]. - The definitive agreement for the acquisition was signed on January 12, with expectations for the transaction to close in the second quarter, pending regulatory approvals [2]. Group 2: Strategic Implications - The acquisition is expected to provide U.S. Bancorp with enhanced capabilities in investment banking, institutional sales, trading, research, and prime brokerage [2]. - U.S. Bancorp CEO Gunjan Kedia emphasized that BTIG's talent and technology will facilitate continued growth in capital markets and strengthen client relationships [4]. Group 3: Leadership and Client Impact - Following the acquisition, BTIG's leadership team will remain in place, with BTIG CEO Anton LeRoy continuing to lead the firm [4]. - BTIG serves over 3,500 institutional and corporate clients globally and has a workforce of more than 700 employees across various locations [5].

Stock index futures rose on Tuesday as core CPI inflation came in slightly cooler than expected. Here are the four stocks to watch on the day: U.S. Bancorp (USB) fell 1.34% in premarket trading after announcing a definitive ...

Core Viewpoint - U.S. Bancorp has announced its acquisition of BTIG, a financial-services firm, for up to $1 billion in cash, indicating a strategic move to enhance its investment banking and trading capabilities [1] Company Summary - U.S. Bancorp is expanding its service offerings by acquiring BTIG, which specializes in investment banking, institutional sales and trading, research, and prime brokerage [1] - The acquisition is valued at up to $1 billion, reflecting U.S. Bancorp's commitment to growing its presence in the financial services sector [1] Industry Summary - The deal highlights a trend in the financial services industry where larger firms are acquiring specialized companies to enhance their service capabilities and market reach [1] - This acquisition may lead to increased competition in the investment banking and trading sectors as firms seek to consolidate resources and expertise [1]

美国合众 银行宣布，将以现金加股票的方式收购金融服务公司BTIG，交易金额高达10亿美元。该行希 望借此加强其资本市场业务。该交易预计将于2026年第二季度完成。（格隆汇） ...