U.S. Bank announced that Terrance Robert Dolan and John Stern will assume new roles on Sept. 1, with Dolan becoming vice chair and chief administration officer to oversee the company’s combined chief administration office, while Stern will become senior executive vice president and CFO. read more

AUG 24, 2023 - 7:06 am

U.S. Bank appointed new members to its executive leadership team to succeed Kate Quinn, vice chair and chief administrative officer, and Jim Kelligrew, vice chair of corporate and commercial banking, who will retire on June 30. read more

APR 13, 2023 - 7:08 am

Jeff von Gillern, vice chair of technology and operations services at U.S. Bank, intends to retire in late 2023 after more than 20 years of service to the organization. Meanwhile, Souheil Badran and Dilip Venkatachari will join the company’s executive team. read more

NOV 11, 2022 - 7:20 am

U.S. Bank has received all required U.S. regulatory approvals to complete its previously announced acquisition of MUFG Union Bank’s core regional banking franchise from Mitsubishi UFJ Financial Group (MUFG). read more

OCT 17, 2022 - 7:07 am

U.S. Bank unveiled several company-wide commitments to address the impacts of climate change on its business, customers and communities, including setting a goal to achieve Net Zero greenhouse gas emissions by 2050. read more

NOV 11, 2021 - 6:35 am

U.S. Bancorp entered into a definitive agreement to acquire MUFG Union Bank’s core regional banking franchise from Mitsubishi UFJ Financial Group. Under the terms of the agreement, U.S. Bancorp will purchase MUFG Union Bank for approximately $8 billion. read more

SEP 22, 2021 - 6:31 am

U.S. Bank hired Elcio Barcelos as senior EVP and chief human resources officer and promoted Greg Cunningham to senior EVP and restructured his role as chief diversity officer to report directly to the chairman, president and CEO of the bank. The bank also promoted Dominic Venturo to senior EVP and chief digital officer. read more

JUL 31, 2020 - 6:52 am

Several U.S. Bank women, including Leslie Godridge, Gunjan Kedia and Kate Quinn, were among the 2019 class of the Most Powerful Women in Banking, as celebrated by American Banker. read more

OCT 7, 2019 - 6:35 am

U.S. Bancorp reported record Q3 net revenue, earnings and EPS and noted performance was driven by “strong underlying momentum” in each business line. read more

OCT 18, 2018 - 7:15 am

U.S. Bank named industry veteran Jodi Richard its new vice chairman and chief risk officer. Richard will succeed P.W. Parker, who is retiring in the fall. read more

AUG 16, 2018 - 7:02 am

CS Leasing appointed Mike Krengle vice president of Operations. Krengle, with 22 years of container related experience, will head global operations and technical sales/procurement to support CS Leasing’s expanding portfolio. read more

AUG 16, 2018 - 6:38 am

U.S. Bancorp reported Q1/18 net income of $1,675 million was up 13.7% from the same quarter a year earlier. Average lease financing loans of $5,532 million at the end of Q1/18 were up from $5,455 million a year earlier. read more

APR 19, 2018 - 6:45 am

U.S. Bancorp reported Q3/17 record net income of $1,563 million was up from $1,502 million in Q3/16. Revenue was a record $5,608 million, up 4.1% from $5,388 million a year earlier. read more

OCT 18, 2017 - 7:14 am

Andy Cecere, currently president and chief operating officer, will succeed Richard Davis as CEO of U.S. Bancorp on April 18, 2017, the date of the bank’s annual meeting of shareholders. read more

JAN 18, 2017 - 6:33 am