U.S. Bank Related Content

U.S. Bank Partners with Greenlight to Bring Financial Empowerment to Families

U.S. Bank formed a partnership with Greenlight Financial Technology, a family fintech company, to provide an innovative banking solution for families. Eligible U.S. Bank clients will now have complimentary access to Greenlight’s debit card and money app. read more

U.S. Bancorp Expands WCIB Business, Forms Institutional Client Group

U.S. Bancorp, the parent company of U.S. Bank, expanded leadership roles for Stephen Philipson and Felicia La Forgia as part of an effort to strategically position the bank’s wealth, corporate, commercial and institutional banking (WCIB) team. read more

U.S. Bancorp Promotes Kedia to President

U.S. Bancorp hired Gunjan Kedia as its new president, reporting to Andy Cecere, who will retain the title of chairman and CEO. In this role, Kedia will oversee the company’s three business lines, ensuring a shared focus on growth and holistic client experiences across its entire network. read more

Truck Freight Contraction Continues, Spending Down 27.9% Y/Y, Shipping Down 21.6% Y/Y

The latest U.S. Bank Freight Payment Index revealed that the U.S. truck freight market contracted significantly during the first three months of 2024, with spending by shippers down 27.9% in Q1/24 compared with the same period in 2023 and down 16.8% compared to Q4/23. read more

U.S. Bank CFO Survey: Corporate Finance Leaders Tighten Belts Amid Uncertainty

U.S. corporate finance leaders have increased focus on cutting costs to prepare their firms for potential economic and geopolitical uncertainty, according to the fourth annual U.S. Bank CFO Insights Report. read more

U.S. Bank Equipment Finance Leader Cracchiolo to Retire in July

Tony Cracchiolo, president and CEO of U.S. Bank Equipment Finance, announced that he will retire in July. According to a U.S. Bank spokesperson, the bank will begin a search for a new leader of its equipment finance business in the coming months. read more

U.S. Bank Appoints DuPont to Newly-Created Healthcare/SBA Credit Leader Role

U.S. Bank hired Brian DuPont as healthcare/SBA segments credit leader, a newly created role that will support healthcare and Small Business Administration lending at the bank. DuPont joined U.S. Bank from Bank of America, bringing 29 years of lending expertise in the healthcare, conventional and SBA credit spaces. read more

U.S. Bank Adds New Division to Serve Private Capital Asset Managers

U.S. Bank launched a new division dedicated to serving private capital firms and global asset managers, bringing together all parts of the bank that currently serve more than 200 private capital clients with a range of products and services. The bank named Stephen Jeselson head of the division. read more

Truck Freight Market Ended 2023 With Double-Digit Drops In Volume and Spending

The U.S. truck freight market ended 2023 with further declines in both shipment volume and spending, according to U.S. Bank. Compared to the same period in 2022, fourth quarter shipment volume was down 15.7% in 2023, while spending by shippers contracted 13.5%. read more

US Bank Names Meyerstein Head of ESG Program Office

U.S. Bank named Ariel Meyerstein the head of its environmental, social and governance (ESG) program office. Meyerstein has more than 20 years of experience in international law, global policy, ESG and sustainable finance. read more

U.S. Bank’s CFO Insights Report Shows Finance Leaders Have Shifted to Defense Mode

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 U.S. Bank’s 2023 CFO Insights Report. read more

Most Small Business Owners Feel Successful but Admit to Sacrificing Personal Lives

Most U.S. small business owners feel successful, driven by purpose and fulfilled by their work, but more than half are sacrificing time and relationships with loved ones for the sake of their business, according to a new U.S. Bank survey. read more

U.S. Bank Names Sakstrup Chief Product Officer for Wealth, Corporate, Commercial & Institutional Banking

U.S. Bank named Kai Sakstrup chief product officer for its wealth, corporate, commercial and institutional banking division. Sakstrup previously served as chief strategy officer for U.S. Bank for more than six years. read more

U.S. Bank Launches Initiative to Serve Healthcare Practices, Persichetti to Lead

U.S. Bank launched a new cross-business initiative to serve healthcare practices with up to $25 million in annual revenue, appointing Joe Persichetti head of healthcare business banking to lead the effort. read more

U.S. Bank Names Patel Chief Product Officer for Business Banking Segment

Shruti Patel joined U.S. Bank as chief product officer for the business banking segment. Patel was most recently head of global product partnerships and monetization at e-commerce company Shopify. Prior to that, she was head of embedded payments and partnerships at JPMorgan Chase. read more

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