Regulators approve U.S. Bank's $8B purchase of Union Bank Key financial regulators having approved U.S. Bank’s $8 billion acquisition of Japanese financial titan MUFG’s Union Bank franchise The Independent UK · Oct 14, 2022
Bank CEOs increasingly turning pessimistic on economy The outlook of the U.S. economy from Wall Street’s biggest banks is getting gloomier and gloomier, after the industry spent the past year and a half trumpeting that the U.S. economy is strong and the U.S. consumer resilient The Independent UK · Oct 14, 2022
Do you use Zelle? Here's how to spot increasingly common scams Credit cards and digital payment apps such as PayPal offer some distinct advantages over cash, including the ability to recover money paid to scammers. Los Angeles Times · Oct 10, 2022
Fraud, scam cases increasing on Zelle, Senate report finds Incidents of fraud and scams are occurring more often on the popular peer-to-peer payment service Zelle, according to a report coming out Monday from the office of Sen. Elizabeth Warren, giving the public its first glimpse into the growing problems at Zelle The Independent UK · Oct 3, 2022
Wall Street CEOs return to Capitol Hill as election looms In what has become an annual ritual, the CEOs of the major U.S. banks will appear in front of Congress this week, to sell themselves as shepherds of a helpful industry at a time of financial and economic distress for many Americans The Independent UK · Sep 21, 2022
U.S. Bank: Freight Shipments And Costs Step Higher In Q2 Freight payments data released Wednesday showed a sequential uptick in trucking shipments during the second quarter, reversing the declining trend seen in the prior two quarters. Freight spending advanced again in the period as elevated fuel costs continue to push up all-in rates. Benzinga · Jul 20, 2022
US Bank announces $100 billion community plan in merger with MUFG When banks combine these days, community groups push them to step up their investments in low- to moderate-income neighborhoods and communities of color. Tribune News Service · May 11, 2022
Green credentials of world’s largest investor questioned over oil industry emails Asset manager ‘trying to have their cake and eat it’, says Greenpeace, as freedom of information requests reveal pressure on major banks The Guardian - UK · Mar 9, 2022