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Stock Market & Financial Investment News

News Breaks
January 22, 2014
07:36 EDTUSBU.S. Bancorp sees Q1 net charge-offs to increase 'modestly'
The bank said, "Given current economic conditions, the Company expects the level of net charge-offs to increase modestly in the first quarter of 2014."
News For USB From The Last 14 Days
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August 27, 2014
08:00 EDTUSBSEC seen completing rules on MBS detail disclosures, WSJ says
The Securities and Exchange Commission is expected to complete rules requiring banks and other financial institutions to give investors greater detail about the quality of mortgages and other loans pooled into bonds known as asset-backed securities, reported The Wall Street Journal. Publicly traded big U.S banks 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
August 21, 2014
06:43 EDTUSBRegulators up bank warning efforts for poor risk assessment, Reuters says
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