U.S. Bancorp to buy BTIG in up to $1 bln deal, shares fall
ReutersJan 13, 2026 2:12 PM
Shares of U.S. Bancorp USB.N down 1.3% at $53.70 premarket
Lender agrees to acquire BTIG in a cash-and-stock deal worth up to $1 bln
USB says deal to strengthen its capital markets presence
BTIG specializes in investment banking, trading, research and prime brokerage
Acquisition to expand USB's capabilities in institutional sales and trading, adding scale to advisory and brokerage services - USB
Deal expected to close in Q2 2026
USB stock up 14.8% over the past year
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