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A collection of news and information related to U.S. Bancorp published by this site and its partners.
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Wells Fargo settles allegations over foreclosed homes
Tribune staff reporterThe National Fair Housing Alliance and 13 of its members, including two suburban Chicago groups, will receive $27 million from Wells Fargo to resolve a 14-month-old federal housing discrimination complaint that alleged the bank took better care of its...Tags: U.S. Department of Housing and Urban Development, Foreclosures, Washington, DC, Bank of America Corp.
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NU Refreshes Its Debt With $750M In Notes
Northeast Utilities is borrowing $750 million in order to pay down other senior debt obligations as well as some of the company's more than $1 billion in short-term debt, according to filings with the Securities and Exchange Commission. After...Tags: Debt Market, Goldman Sachs Group, Inc., Citigroup Incorporated, Money and Monetary Policy, Credit and Debt
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Outages hit Bank of America electronic and phone banking
Bank of America Corp. customers were unable to access its electronic banking operations and telephone call centers Friday morning. "We're addressing the issue as quickly as possible," said Mark Pipitone, a technology and operations spokesman at the...
Tags: Banking, Science and Technology, Computing and Information Technology Industry, Electronics, Viral Diseases and Infections
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Ten banks to pay $8.5 billion to settle foreclosure abuse review
WASHINGTON -- Ten of the nation's largest mortgage servicers have agreed to an $8.5-billion settlement with federal regulators to end a review of foreclosure abuses. The settlement, announced Monday, involved some of the biggest names in the financial...
Tags: U.S. Congress, JPMorgan Chase & Co., Federal Reserve, Economy, Business and Finance, SunTrust Banks Incorporated
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$10-billion settlement of foreclosure abuse cases said to be near
Banks and regulators worked late Sunday to finalize a nearly $10-billion settlement that would halt a much-maligned program to review foreclosures from the height of the housing crisis, according to four people familiar with the talks. At least 14 banks...
Tags: Banking, Foreclosures, Morgan Stanley Dean Witter & Company, JPMorgan Chase & Co., Goldman Sachs Group, Inc.
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Fair housing group adds Chicago to foreclosure double-standard complaint against Bank of America
A national fair housing group has added Chicago and two other cities to its complaint charging that Bank of America Corp. takes better care of foreclosed properties in white communities than those in predominantly minority neighborhoods. The inclusion of...
Tags: Banking, Foreclosures, West Garfield Park, Washington, DC, Bank of America Corp.
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US banks report cyber attacks from Middle East
Major U.S. banks have been the targets of cyber attacks in the past week. The strikes on banks including U.S. Bancorp, Bank of America, Wells Fargo, Citigroup and JPMorgan Chase left customers temporarily unable to access their checking accounts,...
Tags: Hamas, Barack Obama, JPMorgan Chase & Co., Nuclear Power, Computing and Information Technology Industry
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Developer sues Baltimore over Poppleton project
Drug addicts sit on the front steps of Anthony Williams' West Baltimore home and use.
The only homeowner left on his block of North Schroeder Street in the Poppleton neighborhood, Williams fears transients living in the vacant rowhouse next door will...Tags: Carrollton, Colin Campbell, Judges, Edgar Allan Poe, Justice System
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ABERDEEN/MINNESOTA: Companies avoiding stance on gay marriage amendment
A proposed Minnesota amendment to ban gay marriage won't be fought by several Minnesota-based corporations, including some with Aberdeen ties. Opponents of the marriage amendment on the 2012 ballot see natural allies in the state's prominent companies,...Tags: Same-Sex Marriage, Best Buy Co., Inc., Economy, Business and Finance, Medtronic Incorporated, Manufacturing and Engineering
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Chase, other banks backing away from debit card fees
Update: Reuters is reporting that even Bank of America is scaling back on its $5 debit card fee by giving customers more ways to avoid the charge.
Bank of America, which caused an uproar last month when it announced it would introduce a $5 monthly...Tags: Citigroup Incorporated, Credit and Debt, Bank of America Corp., Mergers, Acquisitions and Takeovers
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Wall Street Roundup: Watch out, Buffett. Wall Street's wizard.
Money & CompanyGold: Trading now at $1,891 an ounce, up 2.1% from Friday. Dow Jones industrial average: Trading now at 10,906.46, up 0.8% from Friday. Fed bounce. Investors are looking toward this Friday's Federal Reserve meeting -- the anticipation, along with the........ -
Bank stocks lead market surge on dividend hopes
Money & CompanyThursday’s wild stock market rally got a late boost from a report that federal regulators will open the door for bigger bank-stock dividends. The Federal Reserve is expected to soon allow financially strong banks to increase their dividends, the Wall......
Jun 6, 2013
|Story| Chicago Tribune
May 15, 2013
|Story| Hartford Courant
Feb 1, 2013
|Story| Los Angeles Times
Jan 7, 2013
|Story| Los Angeles Times
Jan 6, 2013
|Story| Los Angeles Times
Oct 24, 2012
|Story| Chicago Tribune
Sep 27, 2012
|Story| WGNTV-LTV
Jul 12, 2012
|Story| Baltimore Sun
Oct 24, 2011
|Story| Aberdeen News
Oct 28, 2011
|Story| Baltimore Sun
Aug 22, 2011
| Los Angeles Times
Nov 4, 2010
| Los Angeles Times
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