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U.S. Bank Announces Kevin Weeks as Head of Global Sales for Corporate and Institutional Trust Services Division

MINNEAPOLIS--(BUSINESS WIRE)--Jun. 12, 2017-- U.S. Bank announced today that Kevin Weeks has been named head of global sales for its corporate and institutional trust services division. Weeks most recently served as head of Issuer Services for Deutsche Bank, and prior to that as global head of sales for Institutional Cash & Securities Services at Deutsche Bank. He is based in New York and will lead an experienced team of corporate trust and custody business development professionals in the United States and Europe.

“Kevin is an experienced leader in the securities services industry with a tremendous understanding and appreciation for this complex business and what clients need today to be successful. Those who know Kevin are well aware of his talent, integrity and commitment to meeting and exceeding client expectations. We are thrilled he is joining our team,” said Joseph Giordano, president of U.S. Bank Global Corporate Trust Services.

Weeks has more than 25 years of experience in corporate trust and the financial services industry. As head of issuer services at Deutsche Bank he managed the global business plan and service delivery for all issuer service products for capital markets, including structured finance services, conventional debt, project finance, syndicated loan agency and escrows for mergers and acquisitions. As the global head of sales at Deutsche Bank, he was responsible for developing and managing the sales strategy for corporate trust, depository services, cash management for financial institutions, domestic custody, agency securities lending and alternative fund services.

“I am excited to join the world-class team at U.S. Bank, which has deep client relationships, provides best-in-class service, and has invested in leading-edge technologies. U.S. Bank delivers the best client experience and value in the market, and I look forward to expanding on that,” Weeks said.

U.S. Bank’s corporate and institutional trust services division is a leading provider of corporate trust and custody services in the United States and Europe, serving private and public companies, government and tax-exempt entities and financial services companies.

About U.S. Bancorp
Minneapolis-based U.S. Bancorp (NYSE: USB), with $450 billion in assets as of March 31, 2017, is the parent company of U.S. Bank National Association, the fifth largest commercial bank in the United States. The Company operates 3,091 banking offices in 25 states and 4,838 ATMs and provides a comprehensive line of banking, investment, mortgage, trust and payment services products to consumers, businesses and institutions. Visit U.S. Bancorp on the web at www.usbank.com.

About U.S. Bank Global Corporate Trust Services
U.S. Bank Global Corporate Trust Services is a leading provider of corporate trust services in the United States and Europe, serving private and public companies, government and tax-exempt entities and financial services companies. Global Corporate Trust Services operates a network of 51 domestic offices and two international locations in London and Dublin.

Source: U.S. Bank

U.S. Bank
Michael Walsh, 612-303-9122
vice president of public relations
michael.walsh@usbank.com

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding U.S. Bancorp's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.



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