minnesota businesses: Minnesota Businesses -- US Bank
- 06/19/12 02:50 AM
Minnesota Financial Movers -- US Bancorp With a market capitalization in excess of over $60 Billion, and more than sixty thousand employees, US Bank makes a Paul Bunyan-sized footprint in the Minnesota financial landscape. Although it is the fifth largest commercial bank in the country, US Bancorp is considered a regional bank. With over 3,000 locations and about one third the size of Wells Fargo, it is a formidable regional. This full service bank (USB) is thought by some analysts to be headed toward significant further expansion, and it is a favorite of many investors. Tracing its history well (0 comments)
minnesota businesses: Minnesota Businesses -- Financial Movers
- 06/19/12 01:39 AM
Minnesota Financial Movers -- TCF Financial Corporation TCF Bank A few days ago, we posted a summary of Ameriprise Financial, one of a fairly large number of prominent corporations involved in finance and related industries. Minnesota is also home to TCF Financial Corporation (TCB), the publicly traded bank holding company that operates as TCF Bank. TCF Bank is a national bank with over $17 billion in assets and over 400 branches throughout the United States, and commercial inventory finance business in both the US and Canada. This bank touts its conservative underwriting and a well-diversified loan and lease portfolio as contributing (0 comments)
minnesota businesses: Minnesota Businesses- Ameriprise Financial and Who Bought Wells Fargo?
- 06/14/12 03:33 AM
The financial components of America would be lacking considerable girth without its Minnesota components. Have you heard of Wells Fargo? Of course you have, and you may not know that Wells was acquired by Minnesota's Norwest Bank in 1998. Although Norwest was the acquirer, the historical significance of the Wells Fargo brand survived, and the functional result of the acquisition was a merger of equals. Minnesota lost one of the more prominent figures in its financial industries arsenal when the combined company chose California as their new corporate home. There are still a few substantial names in Minnesota's headquartered financial citizenry. (1 comments)
minnesota businesses: Minnesota Businesses -- Polaris Industries, Inc.
- 06/14/12 02:11 AM
Minnesota winters have been responsible for some of our economic development. A previous post featured Arctic Cat, a half-century old company that makes snowmobiles and other off road vehicles, including ATV's. A second competing company, Polaris Industries, is larger in size than Arctic Cat, and it's a bit more diverse in its product line. Polaris Industries, like Arctic Cat, makes snowmobiles, ATV's and other off road vehicles, and it also makes high-end motorcycles. Founded in the 50's and headquartered in Medina, Minnesota, the company manufactures and distributes motorcycles under the Victory and Indian brands. Polaris has a market cap about ten (2 comments)
minnesota businesses: Businesses Do well in Minnesota -- Arctic Cat
- 06/14/12 01:00 AM
If you're not a resident of Minnesota, your image of the state can come in many forms. If you're from either of the coasts, you may think little more of our state than ten minutes of stuff to fly over on your way to the other coast. If you live in another Midwest state, your image may be one of lakes, resorts and varying levels of wilderness. You may think of Minnesota as the place where you can shop in the Mall of America for clothing with no sales tax. What some folks have passed over is the fact that Minnesota (0 comments)