February 22, 2024 BofA 2024 Financial Services Conference Tim Welsh Vice Chair, Consumer and Business Banking ...

MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bank today announced it has launched a new division dedicated to serving private capital firms and global asset managers. The Private Capital and Global Asset Management division brings together all parts of the bank that currently serve more than 200 private capital clients with a range of products and services, including fund custody and administration as well as lending and capital markets underwriting and distribution. The centralized team of private capital experts s ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Form 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from (not applicable) Commission file number: 1-6880 U.S. Bancorp (Exact name of registrant as specified in its charter) Delaware 41-0255900 (State or other jurisdiction of incorp ...

MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp (NYSE: USB) announced today that Vice Chair, Consumer and Business Banking Tim Welsh and Senior Executive Vice President and Chief Financial Officer John Stern will present at the Bank of America 2024 Financial Services Conference. The presentation will begin at 8:50 a.m. ET on Thursday, February 22 in Miami Beach, Florida. A live audio webcast will be available on the day of the conference, at the “Webcasts and Presentations” section of the U.S. Bank Investor Re ...

George Pachantouris/Moment via Getty Images U.S. Bancorp (USB), founded in 1863 and headquartered in Minneapolis, Minnesota, is a financial services holding company that provides a full range of financial services, including lending and depository services, cash management, capital markets, and trust and investment management services. Considering the stability and performance of the company, its Series B Non-Cumulative Perpetual Preferred Stock (USB.PR.H) presents an attractive opportunity for investors se ...

A new group of Wall Street firms has agreed to pay more than $81 million in civil penalties to settle Securities and Exchange Commission charges of record-keeping failures, the regulator said Friday.The settlements with broker-dealers and investment advisers, including Oppenheimer and US Bancorp, are the latest in a multi-year initiative by the SEC to investigate how registered financial firms handle employees’ work-related communications on personal devices and apps, such as WhatsApp.“The SEC’s investigat ...

The Securities and Exchange Commission announced charges against 16 financial companies for failing to properly maintain and preserve electronic communications, with the companies agreeing to pay a total of more than $81 million in civil penalties. The regulator said employees of these companies used “off-channel” communications, like personal text messaging services, to discuss clients and business transactions, rather than official company platforms. “Today’s actions against these 16 firms result from ...

MINNEAPOLIS--(BUSINESS WIRE)--The U.S. truck freight market ended 2023 with further declines in both shipment volume and spending, according to the latest U.S. Bank Freight Payment Index. Compared to the same period in 2022, fourth quarter shipment volume was down 15.7% while spending by shippers contracted 13.5%. The year-over-year drop in volume was the largest in the history of the Index. “ The truck freight market is feeling the impacts of companies reducing inventories significantly as well as consume ...

Tero Vesalainen U.S. Bancorp (NYSE:USB) is a large regional banking company that has seen its share of struggles from the regional banking crisis. Back in October, I examined the 9% yielding Series A preferred shares, highlighting the great income opportunity they presented. While the preferred shares have rallied, the 8% yield is still higher than the bank’s other preferred offerings and I believe it is still an attractive income-producing investment. Additionally, investors can explore a second income ...

Sundry Photography Last week, the SP 500 index closed at a new all-time high. Also last week, I saw an article on SeekingAlpha.com about buying the dip. Well, U.S. Bancorp (NYSE:USB) represents a buy the dip idea. This article will outline why I think USB is an interesting idea based on price action, momentum, and relative strength. I will also outline a risk management strategy if you choose to buy USB. Chart 1 - USB Weekly Price Chart with Price Percentage Oscillator, Volume, and Relative Strength www.sto ...