Jan 13 (Reuters) – U.S. Bancorp said on Tuesday it would buy financial services firm BTIG in a deal worth up to $1 billion, as the lender looks to strengthen its capital markets presence.
BTIG specializes in investment banking, institutional sales and trading, research and prime brokerage.
The cash-and-stock deal is expected to close in the second quarter of 2026.
(Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Shilpi Majumdar)
