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Article: Western Union Signs U.S. Bank, Sixth Largest Commercial Bank.(Company overview)
- Article from:
- Investment Weekly News
- Article date:
- April 11, 2009
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The Western Union Company (NYSE: WU), a global leader in money transfer services, and U.S. Bank, the sixth largest commercial bank in the United States and lead bank of U.S. Bancorp (NYSE: USB), announced an agreement to offer the Western Union® global money-transfer service in 2,791 U.S. Bank branch offices across 24 states. The agreement will connect consumers to more than 334,000 Western Union Agent locations worldwide.
The signing of U.S. Bank is an important step in Western Union's North America "go-to-market" strategy by entering into new classes of trade. As Western Union expands its service offerings, in an effort to strongly position money transfers ...