In what would be the latest tie-up of regional banks, U.S. Bancorp in Minneapolis is acquiring MUFG Union Bank in San Francisco for $8 billion in cash and stock. The deal, announced early Tuesday, ...

After years of laying the groundwork, Thrivent Financial for Lutherans has converted its credit union into an all-digital ...

TOKYO & NEW YORK--(BUSINESS WIRE)--MUFG and MUFG Bank, a core banking subsidiary of MUFG, today announced that they have agreed with U.S. Bancorp (USB) to the sale of all shares in MUFG Union Bank ...

WASHINGTON—The Federal Reserve on Friday approved U.S. Bancorp’sUSB-0.42%decrease; red down pointing triangle acquisition of MUFG Union Bank’s core retail-banking business, one of a series ...

MINNEAPOLIS & NEW YORK & SEATTLE--(BUSINESS WIRE)--U.S. Bancorp and MUFG Union Bank N.A. (“MUFG Union Bank”) announced that they have entered into a definitive agreement to sell three legacy ...

Minneapolis-based U.S. Bank has decided to close the wholesale mortgage businesses it inherited in the acquisition of California-based MUFG Union Bank, the company confirmed on Friday. “ ...

U.S. Bank’s $8 billion cash-and-stock purchase of MUFG Union Bank’s retail operations may not reach the finish line, a prominent banking analyst said. “I have been asked several times ...

U.S. Bancorp will not have to endure stricter financial regulations as a result of its acquisition of MUFG Union Bank, a boon after months of preparation for the elevated requirements. This week ...

U.S. Bancorp, which acquired MUFG Union Bank late last year, has agreed to settle allegations that its predecessor company deceived customers about three different kinds of fees. The settlement ...

Following its acquisition of MUFG Union Bank last year, U.S. Bancorp faced more stringent capital requirements. It was required to submit quarterly implementation plans and would have been subject ...

The Office of the Comptroller of the Currency has terminated a consent order effectively freeing U.S. Bank from a regulatory action it inherited as part of its acquisition of MUFG Union Bank ...

U.S. Bancorp on Friday received all of the U.S. regulatory approvals needed to go ahead with its $8 billion acquisition of MUFG Union Bank, clearing the path for the nation's latest big-bank merger.