US Bank Receives All Required US Regulatory Approvals for MUFG Acquisition

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).

October 17, 2022 Andy Cecere | Mitsubishi UFJ Financial Group | MUFG Union Bank | U.S. Bank Ian Koplin

US Bank Sets Goal to Achieve Net Zero Greenhouse Gas Emissions by 2050

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.

November 11, 2021 Andy Cecere | Jodi Richard | U.S. Bank Ian Koplin

U.S. Bancorp Enters Agreement to Acquire MUFG Union Bank

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.

September 21, 2021 Andy Cecere | Goldman Sachs | Kevin Cronin | MUFG Union Bank | Simpson Thacher & Bartlett | U.S. Bancorp Ian Koplin

U.S. Bank Hires Barcelos, Promotes Cunningham and Venturo

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.

July 31, 2020 Andy Cecere | Dominic Venturo | Elcio Barcelos | Greg Cunningham | Kate Quinn | U.S. Bank Phil Neuffer

White Joins US Bank as Chief Digital Officer

U.S. Bank has hired Derek White as chief digital officer responsible for leading the company’s newly combined digital team.

April 16, 2019 Andy Cecere | Derek White | U.S. Bank nadine

U.S. Bank Taps Aziz as Chief Human Resources Officer

Ismat Aziz joined U.S. Bank as chief human resources officer. Aziz has more than 20 years of HR experience, most recently serving as the CHRO at Sprint.

August 31, 2018 .S. Bank | Andy Cecere | Ismat Aziz | Kate Quinn ABF Journal

U.S. Bank Names Richard Chief Risk Officer

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

August 16, 2018 Andy Cecere | Jodi Richard | P.W. Parker | U.S. Bank ABF Journal

Cecere to Succeed Davis as U.S. Bancorp CEO

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.

January 18, 2017 Andy Cecere | Richard Davis | U.S. Bancorp | U.S. Bank ABF Journal