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Sunday, 26 June 2016

U.S. Bancorp puts rivals big and small to shame

First with few equals

The Minneapolis-based bank with $350 bln of assets cranks out better returns than giants like JPMorgan and midsize lenders like PNC. Its success is no secret: a good mix of business, no stretching for profit and costs kept in line. The shock is that so few others can pull it off.

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