The bank expects to record up to $505 million in restructuring charges over the next several quarters, said CFO Kelvin Tran.

The parties failed to “address the heavy burden” involved in vacating an injunction, choosing to couch their agreement as a ...

UPDATE: This story includes information from an email that U.S. Bancorp CEO Andy Cecere sent to the company's employees on Monday, as well as quotes from an administrator at a Minnesota college where ...

She was recruited to the company by Andy Cecere shortly before he became CEO. His tenure included U.S. Bank’s largest acquisition since the late 1990s and expansive spending on new technology.

Increases in base salary, annual bonus and the amount realized from long-term equity awards all added up to a 14% increase in total compensation for U.S. Bancorp’s CEO Andrew Cecere in 2024.

In April she will take on the corner office from Andrew Cecere, who has been in the role since 2018. Leading America's ...

“Our employees are focused every day on doing the right thing for our clients, communities and shareholders,” said Andy Cecere, U.S. Bank Chairman and CEO. “Their efforts and their ...