ja_mageia

Click on the slide!

Financial Regulatory Reform

Issues >> Issues

New Rules of the Road for the Financial Sector

Click on the slide!

Global Engagement

America's economic prosperity depends on active engagement with the global economy.

Click on the slide!

Competitive Tax Rates

Issues >> Competitive Tax Rates

Competitive tax rates fuel economic growth and job creation.

Click on the slide!

Engagement with China

Issues >> Issues

The U.S.-China economic relationship is the most important bilateral relationship in the world today.

Click on the slide!

Economic Value of Large Financial Institutions

Issues >> Issues

Large financial institutions provide significant value to the U.S. economy and American investors, business owners, and savers.

Frontpage Slideshow (version 2.0.0) - Copyright © 2006-2008 by JoomlaWorks
  • Narrow screen resolution
  • Wide screen resolution
  • Decrease font size
  • Default font size
  • Increase font size
Richard K. Davis

Chairman, President and Chief Executive Officer
U.S. Bancorp

davis_richard

Davis, age 51, is chairman, president and chief executive officer of U.S. Bancorp, a financial holding company with more than $266 billion in total assets and business across the United States, Canada and Europe. It is the parent company of U.S. Bank, which has 2,850 full-service banking offices and 5,173 ATMs in 24 states. U.S. Bancorp is also the parent company of NOVA Information Systems, a leader in the payment processing industry. U.S. Bancorp is headquartered in Minneapolis.

Davis became CEO of U.S. Bancorp in 2006, and has been a senior executive with the organization since 1993, most recently as president and chief operating officer. His strategic vision has and continues to influence the company's consumer banking, wholesale banking, private client, trust, asset management, risk management and payments businesses. He chairs U.S. Bancorp’s managing committee, which comprises the 13 highest-ranking executives within the organization.

Davis has 32 years of experience in the banking industry and was one of the key leaders in the successful mergers of Firstar Corporation with U.S. Bancorp of Minneapolis in 2001, Firstar Corporation with Mercantile Bancorporation Inc. of St. Louis in 1999, and Star Banc Corporation of Cincinnati with Firstar in November 1998. Before the Star/Firstar merger, Davis was an executive vice president at Star Banc Corporation from November 1993.

Before joining U.S. Bancorp and its predecessors, Davis was executive vice president at Bank of America and Security Pacific Bank, both located in Los Angeles. Davis serves on the boards of the American Bankers Association, Minnesota Orchestra, the National Underground Railroad Freedom Center, Guthrie Theatre, Minneapolis YMCA, Minneapolis Art Institute, Financial Services Roundtable, University of San Diego, Xcel Energy, Federal Advisory and U.S. Bancorp.

Davis earned a bachelor's degree in economics from California State University at Fullerton, and is married and the father of three.

 

Company logos
The Financial Services Forum is a non-partisan financial and economic policy organization comprising the CEOs of 19 of the largest and most diversified financial services institutions doing business in the United States.

The purpose of the Forum is to pursue policies that encourage savings and investment, promote an open and competitive global marketplace, and ensure the opportunity of people everywhere to participate fully and productively in the 21st-century global economy.