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Bank of America has named Jackie Yoon president of its St. Louis market, after Larry Otto left the job for the same position at U.S. Bancorp.
July 14 -
Larry Otto has jumped ship from the second-largest bank in St. Louis to the largest.
July 13 -
The combination of swelling deposits and weak loan growth continues to be a tough problem for regional banks. U.S. Bancorp's Richard Davis thinks higher loan growth is just around the corner to solve the problem, but PNC's Bill Demchak fears deposits could flee faster than lending will ramp up.
July 15
U.S. Bancorp in Minneapolis has named Mike Katz market president for the Puget Sound region in Washington.
Katz will succeed Chris Heman as market president, effective on Aug. 1. Katz will also become head of commercial banking for the region. Katz previously led a team of U.S. Bank commercial banking relationship managers in Denver.
U.S. Bank is the fourth-largest bank in the metropolitan Seattle-Tacoma, Wash., market with $8.8 billion in deposits, according to the Federal Deposit Insurance Corp. U.S. Bank has 91 offices and 1,300 employees in the region, according to the company.
Heman will relocate to Denver to care for aging parents, the company said in a news release. He has worked for U.S. Bank in Seattle since 2001.
