U.S. Bank

U.S. Bank has hired payments veteran Peter Gordon to fill a new post as head of emerging payments product and strategy, tapping his years of experience developing real-time payments technology.

The Minneapolis bank said it will provide $8.2 million in grants to nonprofits that arm potential workers with cutting-edge skills and promote small-business growth. Banks say the investments will help them and their commercial customers close the skills gap.

Kate Quinn, the vice chairman and chief administrative officer of U.S. Bancorp., said that banks have long been focused on the experience of customers, but could benefit from greater emphasis on employees as well.

As many women at U.S. Bancorp can attest, mentoring relationships don't have to be all that formal to be successful.

The wealth management and investment services group Kedia leads grew profits by nearly 25% last year and accounted for 13% of U.S. Bancorp's total revenues.

U.S. Bank has purchased BMW’s cobranded Visa credit card portfolio and will issue a new version of the card under the Mastercard brand early next year.

Facebook's plans to launch its Libra cryptocurrency dominated much of the discussion at American Banker's Digital Banking conference last week, but attendees also debated what big tech company might strike next and what future digital innovations are in store.

On-demand wage delivery has caught on in other industries. Banks have taken notice.

The increased mobile engagement at U.S. Bank goes back to Ankit Bhatt letting customers tell him — and, many times, show him — what needs to improve.

New posts for two women executives at JPMorgan Chase spur a fresh round of speculation about the race to succeed CEO Jamie Dimon someday. And Comerica's heir apparent finally gets the call.