U.S. Bank has launched a new division dedicated to serving private capital firms and global asset managers.The Private Capital and Global Asset Management division brings together all parts of the bank that currently serve more than 200 private...
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February 23, 2024, 07:05 AM
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The U.S. truck freight market ended 2023 with further declines in both shipment volume and spending, according to the latest U.S. Bank Freight Payment Index. Compared to the same period in 2022, fourth quarter shipment volume was down 15.7 percent...
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February 02, 2024, 07:12 AM
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During the third quarter, the amount spent to ship goods via truck freight was down 12.5 percent compared to a year prior while the volume of shipments was off 9.7 percent, according to the U.S. Bank Freight Payment Index. Spending fell 4.2 percent...
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November 02, 2023, 07:12 AM
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U.S. Bank has named Ariel Meyerstein as the head of its Environmental, Social and Governance (ESG) Program Office.In this role, Meyerstein will be responsible for ESG strategy development, program management, enablement, stakeholder engagement and...
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October 05, 2023, 06:00 AM
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U.S. corporate finance leaders have firmly pivoted their focus from revenue growth to cost control as they navigate through an uncertain economic environment and rapidly changing business landscape, according to the 2023 U.S. Bank CFO Insights Report...
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October 02, 2023, 07:15 AM
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U.S. Bank announced that strategy and marketing executive Kai Sakstrup has been named Chief Product Officer for its Wealth, Corporate, Commercial and Institutional Banking (WCIB) division. Beginning Oct. 1, Sakstrup will lead a cross-functional team...
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September 20, 2023, 07:18 AM
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Shruti Patel has joined U.S. Bank as Chief Product Officer for the business banking segment. In this key leadership role within the Consumer and Business Banking group, she will be responsible for delivering an integrated product strategy that...
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September 07, 2023, 07:10 AM
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U.S. Bank announced several updates to previously shared leadership changes that will be effective Sept. 1.“Our succession planning efforts have enabled us to move quickly and prudently to ensure continuity of leadership and service as senior...
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August 24, 2023, 07:23 AM
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Truck freight volume and spending in the second quarter of 2023 declined by the highest levels since the early days of the pandemic, the latest U.S. Bank Freight Payment Index revealed. Spending by shippers dropped 10.9 percent compared to the second...
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August 02, 2023, 07:20 AM
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U.S. Bank announced Jimmy Whang has been named the head of its Commercial Products group, effective June 30. In this role, Whang will lead Fixed Income and Capital Markets (Capital Markets and Sponsor Finance; Credit Fixed Income; Structured Credit;...
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June 29, 2023, 07:20 AM
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The volume of freight shipments moved via truck declined in the first quarter of 2023 by 6.1 percent year-over-year, according to the latest U.S. Bank Freight Payment Index.This was the fourth quarter in a row where volume has contracted on an annual...
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May 02, 2023, 07:25 AM
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U.S. Bank is introducing a new Business Diversity Lending Program that will expand the ability of diverse business owners to obtain capital, building upon the bank’s broader efforts to support under-represented businesses and help address the wealth...
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May 02, 2023, 07:05 AM
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U.S. Bank announced several changes to its executive leadership team to succeed two leaders who are leaving the company this summer.“We are proud of our longstanding history of attracting, developing and supporting talented leaders who position us...
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April 13, 2023, 07:25 AM
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In the 16 months between two U.S. Bank CFO surveys, finance leaders faced a wave of new challenges, from high inflation to the effects of the war in Ukraine. The 2022 U.S. Bank CFO Insights Report found that finance leaders’ priorities have shifted...
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November 02, 2022, 07:20 AM
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U.S. Bank announced it has named Troy Remington as Chief Credit Officer. Remington has been serving as Interim Chief Credit Officer since early August, when the former chief credit officer accepted a new leadership role within the company. Remington...
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October 18, 2021, 07:23 AM
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U.S. Bank has entered into an agreement to acquire Bento Technologies, known as Bento for Business, a fintech company based in Chicago and San Francisco that provides payment and expense management services to small and mid-size businesses. The...
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August 13, 2021, 07:16 AM
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U.S. Bank announced Andrew Aye has been named Colorado Market President. In his new role, Aye will lead commercial middle market banking and drive companywide activities in Colorado.Aye returns to U.S. Bank from BOK Financial in Denver, where he...
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November 02, 2020, 07:17 AM
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U.S. Bank announced several executive leadership changes today, including a new external hire and promoting key talent to broader roles.“This has been an extraordinary year that has challenged us in unexpected ways and helped us refocus our efforts...
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July 30, 2020, 07:17 AM
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U.S. Bank announced key leadership changes designed to further enhance client focus and speed to market in its Corporate & Commercial Banking (CCB) business.“We’re simplifying our organization to speed decision making, enhance strategic focus and...
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June 30, 2020, 07:25 AM
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U.S. Bank announces the expansion of its Commercial Banking team into the greater New York metropolitan area. The new group will be led by veteran bankers Daniel Greene and Salvatore Settineri who will focus on bringing one U.S. Bank, the power of...
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October 04, 2018, 07:30 AM
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U.S. Bank has created a new, fully digital option for small businesses to apply for and receive a loan or line of credit.The digital process is part of a broader evolution of how the bank interacts with customers. Single-owner businesses within U.S....
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September 25, 2018, 07:28 AM
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U.S. Bank announced industry veteran Jodi Richard will become its new vice chairman and chief risk officer, succeeding P.W. (Bill) Parker, who previously announced his intention to retire this fall.In her new role, Richard will oversee the company's...
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August 16, 2018, 07:23 AM
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U.S. Bank has launched a new barometer for assessing the nation's shipping industry. The U.S. Bank Freight Payment Index measures quantitative changes in shipment and spend activity, based on data from transactions processed through U.S. Bank Freight...
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October 20, 2017, 07:06 AM
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U.S. Bank opened a new Dallas office and has hired veteran Texas bankers Chris Angarola and Susan Jenull as Commercial Banking relationship managers. This new commercial banking office will serve middle market companies and will provide a broad range...
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August 17, 2017, 07:00 AM
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U.S. Bank has named veteran banker Betsy Cadwallader as its Seattle market president, effective August 1. Cadwallader will lead the market in company-wide efforts and activities and will direct commercial banking in the greater Seattle area....
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July 13, 2017, 07:03 AM
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Business owners are more optimistic than any time in the eight year history of the U.S. Bank Small Business Annual Survey. Times are good and they're getting better, although there are still challenges ahead, according to the survey. Owners are...
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May 02, 2017, 08:12 AM
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U.S. Bank has been named a Best Brand for Small Business and for Middle Market Banking by leading consulting and research firm Greenwich Associates. U.S. Bank is among eight banks that won national Best Brand Overall awards in both the small business...
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December 06, 2016, 07:05 AM
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U.S. Bank has hired rail industry veteran Mike Keasling to serve as an equipment leasing specialist. Based in Chicago, Keasling joins the bank in a national role focusing on deepening existing and developing new client relationships in the rail...
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July 12, 2016, 07:03 AM
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Fortune magazine named U.S. Bancorp the most admired superregional bank today, the sixth consecutive year that it has topped the list. “Integrity and ethics are fundamental to how we do business," said Richard Davis, chairman and chief executive...
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February 22, 2016, 07:03 AM
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U.S. Bank Asset Based Finance has named Todd Gronski senior vice president, western United States. In this role, Gronski will lead a team of portfolio specialists who are responsible for underwriting and structuring client transactions. Gronski...
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February 04, 2015, 07:00 AM
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U.S. Bank has hired Michael Righi to lead its middle market commercial banking teams in the Pacific Northwest and to serve as the company's president for Northern California. Righi will be based in San Francisco. In addition to serving as market...
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September 30, 2013, 07:00 AM
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