2Q Results
Bloomberg News
BULL TO B OFA's BEAR: U.S. Bancorp, which reported strong business loan growth, beats other commercial lenders "every time" and will stay aggressive on pricing, CEO Richard Davis says. However, his counterparts at B of A downplayed expectations on commercial loans and said they would be circumspect on pricing.

Two Clashing Takes on the Future of Commercial Lending

Bank of America executives downplayed expectations about commercial lending and warned about the dangers of lowering prices to build loan portfolios, while their counterparts at U.S. Bancorp reveled in double-digit growth in the category and pledged to stay aggressive.

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