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US Bancorp

The banks are not yet in the clear

Federal Reserve Board Chairman Jerome Powell holds a press conference following a two-day Federal Open Market Committee meeting on interest rate policy in Washington, U.S., September 18, 2024. REUTERS/Tom Brenner Tom Brenner | Reuters Falling interest rates are usually good…

Is US Bancorp ready to turn around after years of rising costs?

David Paul Morris/Bloomberg US Bancorp The company has reached the point where investments made in recent years are beginning to pay off in the form of rising profits and falling costs, executives said Thursday. During the national bank’s first investor…