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Stock Market & Financial Investment News

News Breaks
January 17, 2014
08:01 EDTUSBU.S. Bank says to wind down Checking Account Advance
U.S. Bank will begin to wind down its short-term, small-dollar deposit advance product, Checking Account Advance, to align with final regulatory guidance issued by the Office of Comptroller of the Currency and the Federal Deposit Insurance Corporation. “We recognize our customers’ need for short-term, small dollar credit,” said Kent Stone, vice chairman of consumer banking sales and support at U.S. Bank. “We are committed to finding new solutions that meet the needs of all of our customers and fit within the current regulatory expectations.” Effective Friday, Jan. 31, U.S. Bank will no longer offer Checking Account Advance to new checking account customers. Checking Account Advance will be discontinued for current customers on May 30. Customers who have an outstanding balance at that time will be offered extended repayment terms. U.S. Bank will offer other forms of credit to customers who qualify.
News For USB From The Last 14 Days
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August 27, 2015
06:46 EDTUSBFed ups scrutiny of U.S. bank payment systems, WSJ reports
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06:34 EDTUSBBanks, investors may suffer from margin calls, WSJ reports
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August 25, 2015
09:59 EDTUSBOn The Fly: Analyst Upgrade Summary
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09:19 EDTUSBU.S. Bancorp upgraded to Outperform from Sector Perform at Portales
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August 24, 2015
07:48 EDTUSBU.S. Bancorp volatility at high end of range
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August 20, 2015
10:00 EDTUSBOn The Fly: Analyst Initiation Summary
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August 19, 2015
17:12 EDTUSBU.S. Bancorp initiated with a Neutral at Sterne Agee CRT
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August 14, 2015
16:48 EDTUSBBerkshire Hathaway gives quarterly update on stakes, reports new stake in Axalta
NEW STAKES: Axalta (AXTA). INCREASED STAKES: Charter Communications (CHTR), and US Bancorp (USB). DECREASED STAKES: Viacom (VIAB), Chicago Bridge & Iron Company (CBI), and WABCO Holdings (WBC). LIQUIDATED STAKES: Phillips 66 (PSX), and National Oilwell Varco (NOV).
August 13, 2015
06:50 EDTUSBDanoff bullish on Wells Fargo, other banks, Reuters reports
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