US Bancorp to acquire BTIG for $1bn.

US Bancorp, a commercial bank, agreed to acquire BTIG, a global financial services firm specializing in institutional trading, investment banking, research and related brokerage services, for $1bn. “With a long history of successful collaboration, we are thrilled to join U.S. Bancorp as a means of increasing our collective impact with institutional and corporate clients. Our clients will continue to enjoy the same level of high-touch service and attention from our committed leadership team, while our employees will benefit from additional resources and new opportunities as part of a leading global financial institution,” Anton LeRoy, BTIG CEO.