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Publ.Date : Mon, 06 Feb 2012 14:36:52 GMT US Bancorp (USB) continues to gain market share from both acquisitions and internal growth. (The stock is a member of my Jubak’s Picks portfolio.) The latest acquisition, announced on January 30, is the purchase of BankEast in a deal coordinated by the ... MINNEAPOLIS--(BUSINESS WIRE)-- U.S. Bancorp (NYSE: USB - News) announced today its lead bank, U.S. Bank National Association, entered into a definitive agreement to purchase the institutional trust business providing services to retirement plans ... UPDATE 1-RBC's Nixon takes pay cut after * CEO Nixon earned C$11 mln in 2011 (Adds salaries of other bank CEOs, in U.S. dollars unless noted) TORONTO Feb 6 (Reuters) - Royal Bank of Canada paid Chief Executive Gordon Nixon C$10.1 million ($10.1 million) last year, an 8.2 percent ... Among the nation’s largest banks, U.S. Bank has been the most active buying up failed institutions with the help of the FDIC. It’s a strategy that helped the bank grow over the past few years, and one that the bank redeployed over the weekend. Swiss GENEVA — Swiss bank Julius Baer Group said Monday that it might have to pay a fine to settle allegations it helped American clients cheat on their taxes, but cautioned investors that the final outcome of the case was still uncertain. U.S. banking regulators are exploring whether they can exempt sovereign debt from the Dodd-Frank ban on proprietary trading after foreign governments complained that the rule could raise borrowing costs and impede the flow of capital ... Toothless WAYNESBURG, Pa. - Police say a woman who appeared to not have any teeth in surveillance photos from a bank robbery last month has confessed, apologized and said she planned the heist because she needed the money for dentures. Forty-nine-year-old ... Feb. 1 (Bloomberg) -- U.S. banking regulators are exploring whether they can exempt sovereign debt from the Dodd-Frank ban on proprietary trading after foreign governments complained that the rule could raise borrowing costs and impede the flow ... U.S. Bancorp, the region's largest bank in terms of deposits, posted a 39 percent jump in fourth-quarter net income Wednesday as the bank replaced soured bad loans with those that are beginning to pay off. Provisions for loan losses were slashed ... BNY Mellon Settles Part of Foreign-Exchange Trading Lawsuit Filed by Bank of New York Mellon Corp. agreed to change its disclosure statements for so-called standing instruction foreign exchange transactions to partly resolve a lawsuit by U.S. prosecutors. The bank won’t use the phrase “best execution” in ... |