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Leading indicators are still so-so, but normally bearish U.S. Bancorp CEO Richard Davis predicts more loan demand in the second half based on his conversations with customers, who he says want to "get things moving."
January 22 -
U.S. Bancorp (USB) in Minneapolis has agreed to buy the Chicago branches of RBS Citizens Financial Group, a deal that would double its deposit share in the Windy City.
January 7 -
U.S. Bancorp (USB) has announced a deal to refinance the home stadium of the Denver Broncos of the National Football League.
January 10
U.S. Bancorp (USB) in Minneapolis has hired a president and chief executive for its asset management subsidiary.
Eric Thole will take over at U.S. Bancorp Asset Management on June 30, succeeding Joseph Ulrey, who is retiring. U.S. Bancorp manages more than $56 billion in assets.
Thole has been with the $361 billion-asset company for more than 17 years, most recently serving as the unit's chief operating officer. He is also a vice president of First American Funds.
Thole's background and leadership ability "make him ideally suited for this expanded role," Andrew Cecere, U.S. Bancorp's vice chairman and chief financial officer, said in a press release. "We all wish Joe the very best in his retirement, and thank him for his 34 years of service."
