|Last Price$39.04||Day Change (%)-0.96%|
|Open Price$39.59||Day Change ($)-0.38|
|Day Range39.01–39.59||52-Week Range31.29–39.96|
As of Wed 12/11/2013 04:57 PM EST | USD
TCF Names Mark A. Bagley Chief Credit Officer and Announces Other Organizational Changes
The ongoing rally in the equity markets continues to limit the buying and selling activity of our top managers.
More volatile equity markets impact the buying and selling activity of our top managers.
Tanger Prices $250 Million 3.875% Senior Notes Due 2023
We think the firm will continue to create significant value for shareholders.
U . S . Bancorp's wealth management and securities services business contributed $41 million to the bank's bottom line in the fourth quarter of 2012, down $2 million, or 4.7%, from the previous quarter, but unchanged from the same quarter a year earlier.
U . S . Bancorp has agreed to purchase Deutsche Bank's municipal bond trustee business, which has about $57 billion of assets under administration and 1,100 trust and agency contracts.
Brett Meili joined U . S . Bancorp Fund Services as legal counsel to provide support for the organizations' growing alternative investment products and services.
Cost control will sharpen further in 2013, given continued pressure from low interest rates and loan competition, U . S . Bancorp says. Other banks will face similar challenges.
There's still a wide disparity between what buyers are willing to pay and what sellers are willing to accept, and the U . S . Bancorp CEO does not see that gap closing any time soon.