U.S. Bancorp (USB) News

U.S. Bancorp (USB): $43.56

0.62 (+1.44%)

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USB News Highlights

  • For USB, its 30 day story count is now at 29.
  • Over the past 19 days, USB's stories per day has been in a clear uptrend, growing by about 0.44 per 2 days.
  • The most mentioned tickers in articles about USB are MUFG, LOAN and TOP.

Latest USB News From Around the Web

Below are the latest news stories about US BANCORP that investors may wish to consider to help them evaluate USB as an investment opportunity.

U.S. Bank finalizes $8B acquisition of smaller rival

U.S. Bancorp (NYSE: USB) has finalized its $8 billion acquisition of MUFG Union Bank's regional banking franchise, a sale with ramifications for Portland customers as U.S. Bank bolsters its West Coast presence. Minneapolis-based U.S. Bancorp, parent company to U.S. Bank National Association, bought the retail business from Mitsubishi UFJ Financial Group, Inc. (NYSE: MUFG) in a deal whose closure was announced Dec. 1. The acquisition, unveiled in 2021, only recently received needed regulatory clearances from the U.S. Office of the Comptroller of the Currency, the Federal Reserve and the Federal Deposit Insurance Corp, according to the Minneapolis/St. Paul Business Journal.

Yahoo | December 5, 2022

U.S. Bank Expands Leadership in Environmental Financing With Solar Debt Launch

NORTHAMPTON, MA / ACCESSWIRE / December 5, 2022 / U.S. Bank U.S. Bancorp Community Development Corporation (USBCDC) - one of the most active renewable energy investors in the nation - introduced a debt product and closed its first loan. It's with ...

Yahoo | December 5, 2022

U.S. Bancorp (USB) Wraps Up Deal to Acquire MUFG Union Bank

U.S. Bancorp (USB) completes the buyout of MUFG Union Bank's core retail banking operations, thereby strengthening its presence on the West Coast.

Yahoo | December 5, 2022

LendingClub to buy $1 billion loan book from MUFG''s parent company

The portfolio purchase, which follows the sale of MUFG Union Bank to U.S. Bancorp, represents about 32% of LendingClub''s own personal loan portfolio. It should help boost the online lender''s growth while using some of its excess capital.

American Banker | December 2, 2022

LendingClub Acquires $1 Billion Loan Portfolio Following MUFG Union Bank Acquisition by US Bancorp

LendingClub (NYSE: LC) has agreed to acquire a $1.05 billion loan portfolio of personal loans that became available following US Bancorp’s acquisition of MUFG Union Bank’s core regional banking franchise. The loans were originated on the LendingClub platform. On September 21, 2021, MUFG and MUFG… Read More

Crowdfund Insider | December 2, 2022

LendingClub Acquires $1 Billion Loan Portfolio Following MUFG Union Bank Acquisition By US Bancorp | Crowdfund Insider

LendingClub (NYSE: LC) has agreed to acquire a $1.05 billion loan portfolio of personal loans that became available following US Bancorp''s acquisition of

Crowdfund Insider | December 2, 2022

MUFG Bank, Ltd. UK Regulatory Announcement: MUFG Announces Completion of the Sale of MUFG Union Bank to U.S. Bancorp

Mitsubishi UFJ Financial Group, Inc. (MUFG) MUFG Bank, Ltd. MUFG Americas Holdings Corporation On September 21, 2021, MUFG and MUFG Bank, a core ban

Business Wire | December 2, 2022

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against US Bancorp, FIGS, Freshworks, and Enviva and Encourages Investors to Contact the Firm

NEW YORK, Dec. 02, 2022 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, reminds investors that class actions have been commenced on behalf of stockholders of US Bancorp (NYSE: USB), FIGS, Inc. (NYSE: FIGS), Freshworks Inc. (NASDAQ: FRSH), and Enviva, Inc. (NYSE: EVA). Stockholders have until the deadlines below to petition the court to serve as lead plaintiff. Additional information about each case can be found at the link provided.

GlobeNewswire | December 2, 2022

U.S. Bancorp (NYSE:USB) insiders sold US$2.0m worth of stock suggesting impending weakness.

Many U.S. Bancorp ( NYSE:USB ) insiders ditched their stock over the past year, which may be of interest to the...

Yahoo | December 2, 2022

U.S. Bancorp completes $8B acquisition of MUFG Union Bank

The purchase give Minneapolis-based U.S. Bank a much bigger presence in California, Oregon, and Washington.

Star Tribune | December 1, 2022


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