U.S. Bank, TCF join the tax bill's bonus round, boosting pay and perks

Two of Minnesota's largest banks said they'll reward employees with bonuses and other perks, following similar moves by other big employers last month in the wake of a tax bill that slashed corporate tax rates. Minneapolis-based U.S. Bancorp (NYSE: USB) will give almost 60,000 employees with a bonus of $1,000, according to a release. The bank is also raising its minimum wage to $15 for all hourly employees, making a one-time $150 million contribution to the U.S. Bank Foundation and...