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U.S. Bancorp. (USB)

Zacks Rank: 3 (Hold) [?]

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U.S. Bancorp, with nearly 70,000 employees and $554 billion in assets as of Dec. 31, 2020, is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States. The Minneapolis-based bank blends its relationship teams, branches and ATM network with mobile and online tools that allow customers to bank how, when and where they prefer. U.S. Bank is committed to serving its millions of retail, business, wealth management, payment, commercial and corporate, and investment services customers across the country and around the world as a trusted financial partner, a commitment recognized by the Ethisphere Institute naming the bank one of the 2020 World's Most Ethical Companies.

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JPMorgan and Citi are using blockchain technology, and other banks are considering allowing clients to hold crypto in bank accounts, Bank of America research finds

Source: Business Insider

Summary List Placement Bank of America research published Tuesday shows banks like JPMorgan and Citi use blockchain technology. Other smaller banks said they are open to allowing clients to hold cryptocurrencies in the future. The research sheds on light on where traditional financial institutions stand on blockchain amid bitcoin’s massive rally. Sign up here for our daily newsletter, 10 Things Before the Opening Bell . A research report from Bank of America shows banking behemoths JPMorgan and Citi are using blockchain technology, while other banks are considering allowing commercial and institutional clients to hold cryptocurrencies in their accounts. BofA analysts led by Erika Najarian compiled responses from banks they cover regarding use of blockchain technology and willingness to facilitate crypto transactions. They found that 21% of banks they cover have incorporated blockchain technology into their businesses in some form. Blockchain is a digital ledger and the technology used to transact with cryptocurrencies like bitcoin.

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Bridgit and Skanska USA Building Operations Sign Enterprise Construction Workforce Management Agreement

Source: Business Wire

TORONTO–(BUSINESS WIRE)– #bridgit–Bridgit, a leading construction resource management technology company, announced today that Skanska USA Building (USB) has successfully implemented Bridgit Bench enterprise-wide. The Bridgit Bench solution brings workforce planning, resource management, pursuit tracking, and forecasting together for Skanska’s building operations offices representing over 1,500 professional resource employees. As one of the leading construction and development companies, USB will drive

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United Soybean Board uses international experiences to promote sustainability – Brownfield Ag News

Source: Brownfield Ag News

The United Soybean Board is working with an international exchange program to enhance sustainability. The USB has partnered with the 72-year-old IFYE, formerly known as the International Farm Youth Exchange, to give soybean farmer leaders an international experience opportunity. IFYE connects sustainability to the ‘whys’ of international business dealings that create successful trade relationships, according […]

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U.S. Bancorp (NYSE:USB) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Source: Transcript Daily

U.S. Bancorp (NYSE:USB) released its earnings results on Wednesday. The financial services provider reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.01, RTT News reports. The company had revenue of $5.75 billion for the quarter, compared to the consensus estimate of $5.80 billion. U.S. Bancorp had a net […]

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