Nov 04, 2022 / 12:15PM GMT
Terence James McEvoy - Stephens Inc., Research Division - MD & Research Analyst
Good morning. Next up, we have U.S. Bancorp. U.S. Bancorp serves millions of customers locally, nationally and globally through a diversified mix of businesses. Total assets at the end of September, just a touch over $600 billion. Good things take time because on October 19, U.S. Bank received all the regulatory approval to close on the acquisition of MUFG's -- Union Bank's core regional banking franchise from MUFG. That will add 1 million consumer customers, 190,000 small business customers on the West Coast and USB will be #5 in terms of market share with deposits in California.
With us today, we've got Terry Dolan, who is the Vice Chair and CFO of U.S. Bank. He's held that role since 2016, joined the company back in 1998, previously served in a couple of roles, including Vice Chair of Wealth Management and Investment Services. And then on his left is Gunjan Kedia. She is the Vice Chair of Wealth Management and Investment Services at U.S. Bank. She joined the company back in 2016, previously was at State Street
US Bancorp at BancAnalysts Association of Boston Conference Transcript
Jan 23, 2024
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