U.S. Bank announces new leaders in Fixed Income & Capital Markets
October 29 2020 - 10:00AM
Business Wire
U.S. Bank recently announced several changes in its Fixed Income
& Capital Markets (FICM) business, designed to further
strengthen its strategic client focus and speed-to-market
capabilities across business lines.
“Our success with clients continues to be driven by a holistic,
product-agnostic approach, coupled with a commitment to an expanded
product suite and a greater solutions-oriented mindset,” said
Stephen Philipson, head of Fixed Income & Capital Markets.
“With the appointment of these new senior leaders in several key
product areas, we are creating the foundation for our next stage of
growth.”
In FICM, which includes Loan Capital Markets, Credit Fixed
Income, Derivatives Products Group, Foreign Exchange and Municipal
Products Group, the following organizational changes have taken
place:
- Derivatives and Foreign Exchange Products: Jonathan
York, previously head of the Derivatives Products Group, has a
new and expanded role designed to align strategies, enhance
synergies and better serve clients across Derivatives and Foreign
Exchange.
- Foreign Exchange (FX): Chris Braun has been named the
new head of Foreign Exchange, after leading the FX sales effort for
the bank since 2014, where he helped significantly grow market
share for the business.
- FX Sales: Paula Comings will lead FX Sales as co-head of
the business, with responsibility for the sales teams covering
Corporate Banking, Commercial Real Estate and Investor Services
client bases.
- FX Sales: Mary Henehan will also lead FX Sales as
co-head of the business, with specific responsibility for sales
coverage of Commercial Banking, Community Banking, Wealth
Management and Global Treasury Management clients.
- Loan Capital Markets (LCM): Jeanne Rudelius has been
appointed the head of the LCM teams, covering Commercial Real
Estate and Community Banking.
- Loan Capital Markets: Bill Mulvihill will lead the LCM
team covering Commercial Banking while continuing in his role as
head of the Sports Finance Group at U.S. Bank.
- Sports Finance: Steve Vogel is now deputy head of
the Sports Finance Group and will assume increased leadership
responsibilities as a key driver of the bank’s success in this
area.
“Enhancing our capabilities with greater segment-specific
expertise and specialized client focus to complement our core
capital-markets strengths is critical to advancing our goal as a
true lead bank with clients,” said Philipson.
Corporate & Commercial Banking is one of the bank’s four
main business lines, providing middle market, large corporate, and
commercial real estate clients with a wide range of solutions and
deep industry expertise to meet their most complex needs.
About U.S. Bank
U.S. Bancorp, with more than 70,000 employees and $543 billion
in assets as of March 31, 2020, is the parent company of U.S. Bank
National Association, the fifth-largest commercial bank in the
United States. The Minneapolis-based bank blends its relationship
teams, branches and ATM network with mobile and online tools that
allow customers to bank how, when and where they prefer. U.S. Bank
is committed to serving its millions of retail, business, wealth
management, payment, commercial and corporate, and investment
services customers across the country and around the world as a
trusted financial partner, a commitment recognized by the
Ethisphere Institute naming the bank one of the 2020 World’s Most
Ethical Companies. Visit U.S. Bank at usbank.com or follow on
social media to stay up to date with company news.
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Media contact Elizabeth Parra, U.S. Bank Communications
elizabeth.parra@usbank.com
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