u.s. bancorp

The Bigger the Bank, the Worse the Customer Service

The biggest bank in America isn't the one you might think: JPMorgan Chase recently knocked longtime rival Bank of America out of the top spot. But is bigger better? Not when it comes to customer service.

Send Credit Card Banks a Message, and Save Money

Remember Bank Transfer Day? Well, mark your calendar: Dec. 11 is being publicized as "Balance Transfer Day," with Americans urged to transfer their credit card balances from high-interest cards to low- or no-interest ones.

Phishers Are Getting Smarter, But So Are E-Cops

Traditional phishing -- where hackers attempt to acquire personal data from individuals in hopes of defrauding them -- is bad enough. But even more alarming is the rise of a new kind of attack: "spear phishing."

Court Gives Hope to Homeowners Lied to by Banks

A California appeals court has ruled that U.S. Bank conned Claudia Aceves out of her home by tricking her into giving up her bankruptcy protections. Now she can sue the bank for damages and fraud, and conceivably, so could other homeowners in similar situations.

U.S. Bancorp to Buy Bank of America's Trust Division

U.S. Bancorp agreed to pay as much as $35 million in cash for Bank of America's securitization trust administration units in the U.S. and Europe. The deal is part of the U.S. Bank parent company's efforts to expands its corporate trust business.

Would Rating Downgrades Clip Bank Profits?

Moody's is reviewing 10 large regional banks for possible downgrades because it thinks financial reform means total government support is now less likely. That's setting off a debate about whether those banks will actually take a hit to profitability.

Buying Spree Key to US Bancorp Earnings

Several key acquisitions should help US Bancorp. come in right at or slightly below Wall Street estimates of 29 cent per share, as it benefits from failed bank assets purchased from the FDIC last year.