U.S. Bancorp executed a strong turnaround, rallying 43%+ and transitioning from defense to growth, but now trades at a full 12.5x earnings multiple. The recent BTIG acquisition adds strategic capital markets exposure, yet introduces integration risks and investor uncertainty amid a preference for buybacks and lending. USB's operational health has improved, with margin expansion and reduced CRE ...
U.S. Bancorp plans to accelerate the growth of its capital markets business by acquiring BTIG. The planned acquisition of BTIG, a financial services firm specializing in investment banking, institutional sales and trading, research and prime brokerage, will give U.S. Bancorp new capabilities in these fields, U.S. Bancorp said in a Tuesday (Jan.
U.S. Bancorp has struck a deal to buy BTIG, a financial-services firm specializing in investment banking, institutional sales and trading, research and prime brokerage, for up to $1 billion in cash and stock.
U.S. Bancorp said on Tuesday it would buy financial services firm BTIG in a deal worth up to $1 billion, as the lender looks to strengthen its capital markets presence.
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bancorp (NYSE: USB) announced today that it has entered into a definitive agreement to acquire BTIG, LLC, a financial services firm specializing in investment banking, institutional sales and trading, research and prime brokerage. “BTIG's top talent, capabilities and technology will position us for continued capital markets growth and deeper client relationshi...
WOODSTOCK, Ill.--(BUSINESS WIRE)--Other World Computing (OWC®), a trusted leader in high-performance storage, memory, connectivity, software, and accessories that empower creative and business professionals to maximize performance, enhance reliability, and streamline workflows, today announced the launch of its fully certified 2-meter Thunderbolt 5 (USB-C) cable for Macs and PCs. Creative and b...
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