Banking

U.S. Bank Launches Automated Travel Payment Tool; First Payment Provider in North America to Deliver Seamless Solution

MINNEAPOLIS–(BUSINESS WIRE)–Oct. 29, 2013– Today, U.S. Bank announced the full market launch of its Travel VirtualPay product, following a successful pilot program. The bank is the first payment provider in North America to deliver a truly integrated travel payment and reconciliation tool that replaces manual central billing of hotel charges with single-use virtual account numbers. […]

Erin Gore Named Co-head Of Wells Fargo Education and Nonprofit Banking

Banking, Finance, MBA, Press Releases WellsFargo

Former U.C. Berkeley CFO to help customers navigate swiftly changing economic marketplace SAN FRANCISCO — October 29, 2013 – Wells Fargo (NYSE: WFC) has named Erin Gore, who was associate vice chancellor and chief financial officer at University of California, Berkeley, as co-head of its Education and Nonprofit Banking group. Based in San Francisco, Gore will […]

Bank of America Names Jodi Rolland Market President for Denver, CO

Banking, Finance, MBA, Press Releases BofA

Bank of America today announced that Jodi Rolland has been named market president for Denver and state president for Colorado. As market president, Rolland will serve as the company’s enterprise leader in Colorado, based in Denver. She will champion the company’s business strategy and oversee Bank of America’s corporate social responsibility activities including philanthropic giving, […]

Bank of America Merrill Lynch Launches Cash Recycling Solution

Banking, Finance, MBA, Press Releases BofA

Geared to Retailers and Other Cash-intensive Businesses; Goal of Product Is to Improve Working Capital by Freeing up Trapped Cash, Lowering Costs and Increasing Efficiency; Smart Solution Can Have Significant Impact on Working Capital The Global Transaction Services unit at Bank of America Merrill Lynch today announced the launch of CASH360TM. The innovative end-to-end cash […]

Mike Ott Named President of the Private Client Reserve of U.S. Bank

Banking, Finance, MBA, Press Releases

Ott will lead U.S. Bank’s high-net-worth business throughout the United States MINNEAPOLIS–(BUSINESS WIRE)–Oct. 28, 2013– U.S. Bank Wealth Management, ranked among the top 20 U.S. wealth managers,* announced today that Mike Ott has been named President of The Private Client Reserve of U.S. Bank, the bank’s high-net-worth business with 37 offices in 19 states and […]

U.S. Bank Partners with Mitek to Launch Mobile Photo Balance Transfer™ to Customers in November

Banking, Finance, MBA, Press Releases, Technology

MINNEAPOLIS & SAN DIEGO–(BUSINESS WIRE)–Oct. 28, 2013– U.S. Bank, the fifth-largest bank in the United States and lead bank of U.S. Bancorp (NYSE:USB), and Mitek Systems (NASDAQ:MITK), the leading innovator of mobile imaging for financial transactions, have made an agreement in which U.S. Bank will offer Mitek’s Mobile Photo Balance Transfer™ to U.S. Bank mobile […]

U.S. Bank Launches the U.S. Bank Visa Signature® Company Credit Card

Banking, Finance, MBA, Press Releases

Medium to large businesses will benefit from more flexibility and control MINNEAPOLIS–(BUSINESS WIRE)–Oct. 28, 2013– U.S. Bank has introduced the U.S. Bank Visa Signature® Company Credit Card designed for companies with $1 million to $10 million in annual revenues. Unlike other business cards, no personal guarantor is required since the company is solely liable for […]

Wells Fargo to donate $6 million across 67 nonprofits to help stabilize communities

Banking, Finance, MBA, Press Releases WellsFargo

New 2013 Leading the Way Home® program Priority Markets Initiative grants announced DES MOINES — October 28, 2013 – Wells Fargo & Company (NYSE: WFC) today announced it will donate $6 million across 67 nonprofits through the 2013 Leading the Way Home® program Priority Markets Initiative to help revitalize and stabilize neighborhoods. The Leading the Way […]

U.S. Bank Ends SBA Fiscal Year with $639 Million in Volume, Second Nationally, with Continued Strength in Key Districts

Banking, Finance, MBA, Press Releases

MINNEAPOLIS–(BUSINESS WIRE)–Oct. 24, 2013– U.S. Bank, a decades-long supporter of small businesses through the U.S. Small Business Administration (SBA) lending program, ended the 2013 SBA fiscal year on September 30 with $639 million in volume and 2,519 loans committed. The totals represent a 22 percent increase in dollar volume over 2012 and a 52 percent […]

James H. Quigley Elected To the Board of Wells Fargo & Company

Banking, Finance, MBA, Press Releases WellsFargo

SAN FRANCISCO — October 23, 2013 – Wells Fargo & Company (NYSE:WFC) said that on October 22, 2013, its board of directors elected James H. Quigley, CEO emeritus and a retired partner of Deloitte, to the company’s board of directors, effective immediately. Quigley will serve on the board’s Audit and Examination Committee, and his election increases […]

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