Advertisement
U.S. Bancorp, Mitsubishi UFJ Financial Agree To Extend Purchase Agreement
(RTTNews) - U.S. Bancorp (USB) and Mitsubishi UFJ Financial Group or MUFG (MTU) on Friday have mutually agreed to exercise their right under the purchase agreement for U.S. Bank's acquisition of MUFG Union Bank's core regional banking franchise to extend the outside termination date to December 31, 2022 from September 30, 2022.
U.S. Bank and MUFG continue to plan for required regulatory approvals and closing in the second half of 2022 and continue to make significant progress in planning for closing the transaction and integrating the companies while awaiting regulatory approvals.
Following the transaction close, U.S. Bank will retain all of MUFG Union Bank's front-line branch employees.
read more
U.S. Bancorp Q2 Results Top Estimates
U.S. Bancorp (USB) reported Wednesday that net income attributable to U.S. Bancorp common shareholders for the second quarter increased to $1.52 billion or $0.97 per share from $1.28 billion or $0.84 per share in the prior-year quarter.
RTTNews
|
356 days ago
U.S. Bancorp Q1 Results Top Estimates
U.S. Bancorp (USB) reported Wednesday that net income attributable to U.S. Bancorp for the first quarter declined to $1.32 billion or $0.78 per share from $1.70 billion or $1.04 per share in the prior-year quarter.
RTTNews
|
447 days ago
U.S. Bancorp Q2 Profit Declines, But Adj. EPS Meets Estimates
U.S. Bancorp (USB) reported Wednesday that net income attributable to U.S. Bancorp for the second quarter declined to $1.36 billion or $0.84 per share from $1.53 billion or $0.99 per share in the prior-year quarter.
RTTNews
|
720 days ago
Strong Jobs Data Limits Dollar's Losses Amidst Fiscal And Tariff Concerns
Data showing an unexpectedly strong payrolls addition curtailed the dollar's losses in a week marked by anxiety about the U.S. fiscal outlook.
RTTNews
|
4h 59min ago
U.S. Small Business Confidence Erodes Slightly In June, Taxes Main Concern - NFIB
Small business sentiment in the U.S. eased slightly in June as uncertainty remains elevated despite easing, and taxes remained a top concern for business owners, survey data from the National Federation of Independent Businesses showed on Tuesday.
RTTNews
|
7h 22min ago
Sensex, Nifty End Modestly Higher As Trump Extends Trade Deal Deadline
Indian shares eked out modest gains on Tuesday as U.S. President Donald Trump delayed imposing higher tariffs on U.S imports and indicated he would make further climbdowns on tariffs.
RTTNews
|
7h 41min ago
UK Stocks Turning In Mixed Performance In Cautious Trade
U.K. stocks are turning in a mixed performance Tuesday morning as investors are treading cautiously, keeping track of U.S. President Donald Trump's tariff plans and the potential risks to global economic growth.
RTTNews
|
8h 0min ago
CAC 40 Slightly Lower In Lackluster Trade
French stocks are slightly lower on Tuesday with investors making cautious moves while closely following the developments on the trade front.
RTTNews
|
8h 46min ago
