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Financial M&A image Financial M&A » By The Online Investor Staff, updated Mon., Dec. 6, 12:46 PM Recent mergers and acquisitions in the Financial M&A category.

Slide #65. U.S. Bank Document Custodian Business from Ally Bank

Acquirer: U.S. Bank (NYSE:USB)
Acquiree: Document Custodian Business from Ally Bank
Details: U.S. Bancorp (NYSE:USB) announced today that its lead bank, U.S. Bank National Association, has entered into a definitive agreement to purchase the document custodian business of Ally Bank.

U.S. Bancorp is a financial services holding company. Through its subsidiaries, Co. provides a range of financial services, including lending and depository services, cash management, capital markets, and trust and investment management services. Co. also engages in credit card services, merchant and ATM processing, mortgage banking, insurance, brokerage and leasing. Co.'s subsidiary, U.S. Bank National Association, is engaged in the general banking business, principally in domestic markets. Co.'s bank and trust subsidiaries provide a range of asset management and fiduciary services for individuals, estates, foundations, business corporations and charitable organizations.

U.S. Bancorp SEC Filing Email Alerts Service

Preferreds: USB.PRH, USB.PRA, USB.PRM, USB.PRO, USB.PRP



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Company Name: 
US Bancorp (DE)
Stock buyback: 
USB buyback
Website: 
www.usbank.com
Sector: 
Banking & Savings
Number of ETFs Holding USB: 
113
Total Market Value Held by ETFs: 
$7.70B
Total Market Capitalization: 
$85.02B
% of Market Cap. Held by ETFs: 
9.06%
 

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Buy (2.67 out of 4)
2nd percentile
(ranked lower than approx. 98% of all stocks covered)

Analysts' Target Price:
USB Stock Forecast

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