- WIB PH
Whether it's raising money to build schools in Africa or creating programs internally to help advance the careers of women, the dozen women's networks at U.S. Bancorp strive to make a real difference in women's lives.
September 22 - Minnesota
U.S. Bancorp has been hit with a consent order regarding deficiencies in its anti-money laundering compliance program.
November 6 -
U.S. Bancorp in Minneapolis on Wednesday reported lower profits, thanks to higher costs and further deterioration in the companys energy portfolio.
April 20
U.S. Bancorp in Minneapolis has a new chief financial officer.
The $429 billion-asset company said that Terry Dolan will take over the job Aug. 1. Dolan currently serves as vice chairman of wealth management and securities services.
He has been with the company for 18 years and has previously served as controller. In his new role, he will report directly to Richard Davis, the chairman and chief executive.
Dolan succeeds Kathy Rogers, who is stepping down due to "changing family circumstances," as well as a desire to be in Cincinnati full time, the company said.
Rogers took over as CFO just over a year ago, in January 2015.
"Executive development is an ongoing conversation at U.S. Bank," Davis said in a press release on Monday. "We are fortunate to have a board of directors that demands bench strength and leadership versatility."
Rogers plans to stay with the company – where she has worked for nearly three decades – as head of stress-testing. She will also participate in the company's second-quarter earnings call on July 15.
Rogers was honored last year as one of American Banker's Most Powerful Women in Banking. She was No. 3 on the list of
Like many of its competitors, U.S. Bancorp has
Profits declined
The company
U.S. Bancorp last fall was hit with a