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Stock Market & Financial Investment News

News For USB From The Last 14 Days
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October 13, 2014
06:44 EDTUSBRegulators seeking banks' auto loan data, Reuters reports
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00:04 EDTUSBBanking regulators want more disclosure on auto loans, Reuters says
Banking regulators are requesting that banks provide more details on their auto loan portfolios, says Reuters. Balances remaining on auto loans are rising and about a fifth of the loans are subprime, added Reuters. Publicly traded companies in the space include Bank of America (BAC), Citigroup (C), Capital One (COF), JPMorgan (JPM), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link
October 12, 2014
13:03 EDTUSBBanks agree on derivatives procedures for future crisis scenario, WSJ says
Meeting at the Federal Reserve in Washington, top banking executives from 18 large U.S., European and Japanese banks agreed in principle to wait up to 48 hours before seeking to terminate derivatives contracts and collect associated payments from a troubled financial institution, says the Wall Street Journal. Publicly traded companies in the space include Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link
October 7, 2014
10:02 EDTUSBOn The Fly: Analyst Downgrade Summary
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07:06 EDTUSBU.S. Bancorp downgraded to Market Perform from Strong Buy at Raymond James
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06:51 EDTUSBJustice Department set to attack more large banks by year end, NY Times says
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