Geared to Retailers and Other Cash-intensive Businesses; Goal of Product Is to Improve Working Capital by Freeing up Trapped Cash, Lowering Costs and Increasing Efficiency; Smart Solution Can Have Significant Impact on Working Capital The Global Transaction Services unit at Bank of America Merrill Lynch today announced the launch of CASH360TM. The innovative end-to-end cash […]
Ott will lead U.S. Bank’s high-net-worth business throughout the United States MINNEAPOLIS–(BUSINESS WIRE)–Oct. 28, 2013– U.S. Bank Wealth Management, ranked among the top 20 U.S. wealth managers,* announced today that Mike Ott has been named President of The Private Client Reserve of U.S. Bank, the bank’s high-net-worth business with 37 offices in 19 states and […]
MINNEAPOLIS & SAN DIEGO–(BUSINESS WIRE)–Oct. 28, 2013– U.S. Bank, the fifth-largest bank in the United States and lead bank of U.S. Bancorp (NYSE:USB), and Mitek Systems (NASDAQ:MITK), the leading innovator of mobile imaging for financial transactions, have made an agreement in which U.S. Bank will offer Mitek’s Mobile Photo Balance Transfer™ to U.S. Bank mobile […]
Medium to large businesses will benefit from more flexibility and control MINNEAPOLIS–(BUSINESS WIRE)–Oct. 28, 2013– U.S. Bank has introduced the U.S. Bank Visa Signature® Company Credit Card designed for companies with $1 million to $10 million in annual revenues. Unlike other business cards, no personal guarantor is required since the company is solely liable for […]
New 2013 Leading the Way Home® program Priority Markets Initiative grants announced DES MOINES — October 28, 2013 – Wells Fargo & Company (NYSE: WFC) today announced it will donate $6 million across 67 nonprofits through the 2013 Leading the Way Home® program Priority Markets Initiative to help revitalize and stabilize neighborhoods. The Leading the Way […]
MINNEAPOLIS–(BUSINESS WIRE)–Oct. 24, 2013– U.S. Bank, a decades-long supporter of small businesses through the U.S. Small Business Administration (SBA) lending program, ended the 2013 SBA fiscal year on September 30 with $639 million in volume and 2,519 loans committed. The totals represent a 22 percent increase in dollar volume over 2012 and a 52 percent […]
SAN FRANCISCO — October 23, 2013 – Wells Fargo & Company (NYSE:WFC) said that on October 22, 2013, its board of directors elected James H. Quigley, CEO emeritus and a retired partner of Deloitte, to the company’s board of directors, effective immediately. Quigley will serve on the board’s Audit and Examination Committee, and his election increases […]
MINNEAPOLIS–(BUSINESS WIRE)–Oct. 22, 2013– U.S. Bank is helping its customers and other consumers protect their identity by participating in the annual National Protect Your Identity Week (PYIW). This event takes place through October 26. According to the Federal Trade Commission, identity theft is the fastest-growing crime in America today. Nearly 25 million Americans fall victim […]
Cincinnati -10/18/2013 – Fifth Third Bank announced today that it has extended more than $9.3 billion in new and renewed credit to business customers from July through September 2013. During the first nine months of 2013, Fifth Third Bank lent more than $28.4 billion to businesses throughout its footprint. Companies who have received loans from Fifth […]
Arts and Science Investment of $950,000 to More Than Double the Number of Students and Schools Served Over the Next Two Years Detroit, Mich., Oct. 17, 2013 – The PNC Foundation, which receives its principal funding from The PNC Financial Services Group, Inc. (NYSE: PNC), today announced it will extend its early childhood education initiative […]