USB: Stimulating A Bank War In The Midwest?Mark Melin
U.S. Bancorp (NYSE:USB) is aggressively tackling expenses and growing non traditional bank revenues, according to a recent research report from Dick Bove of Rafferty Capital Markets. And what the bank is doing could “stimulate a bank war in the Midwest,” he said. “It may also lower returns in the near term eve though it is exactly the right strategy.”
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