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US Bancorp sees NII coming in below midpoint, says CEO
The Fly

US Bancorp sees NII coming in below midpoint, says CEO

At the Barclays Global Financial Services Conference, US Bancorp CEO Andy Cecere says the bank still anticipates one more rate hike in November and that the bank is “pretty balanced” given rate hikes. The company “feels good” about conversations with Moody’s and that it is monitoring the consequences of Basel III rules.

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