
U.S. Bank announced today that veteran securities executive Alan Flanagan has joined the bank as head of Global Investment Services, a division comprising Global Fund Services and Global Corporate Trust.


In this role,

<p xmlns="http://www.w3.org/1999/xhtml">
U.S. Bank announced today that veteran securities executive Alan Flanagan has joined the bank as head of Global Investment Services, a division comprising Global Fund Services and Global Corporate Trust.

</p><p xmlns="http://www.w3.org/1999/xhtml">
In this role, Flanagan will lead a global team that combines industry-leading expertise with superior client service to offer customized product solutions for alternative investments, mutual funds, exchange-traded products, collateralized loan obligations (CLOs), structured finance, and corporate, escrow and municipal trust services. Flanagan will be a member of the senior leadership team for U.S. Bank's Wealth, Corporate, Commercial and Institutional Banking business line and will be based in New York.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Flanagan spent nearly two decades at BNY, where he held senior leadership roles across asset servicing, fund services and alternative investments, leading global businesses and driving sustainable growth. Most recently, he served as global head of client coverage for BNY's asset servicing division, overseeing relationship management for the firm. Prior to BNY, Alan held roles at UBS, CIBC and KPMG, giving him broad experience across business development, operations and financial services.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"Alan is widely regarded as a collaborative leader with a forward‑thinking mindset and a strong commitment to client outcomes and I'm excited to welcome him to the bank," said Stephen Philipson, vice chair, U.S. Bank Wealth, Corporate, Commercial and Institutional Banking. "He brings a wealth of expertise in leading high-performing teams, which will enable us to continue building on the tremendous success of our Investment Services businesses."

</p><p xmlns="http://www.w3.org/1999/xhtml">
Flanagan is a fellow of the Institute of Chartered Accountants, Ireland and holds a chartered director in corporate governance and corporate strategy from the Institute of Directors, UK.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About U.S. Bancorp</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Headquartered in Minneapolis, U.S. Bancorp is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States. Our three major business lines serve 15 million clients throughout the U.S., Canada and Europe, and our team of nearly 70,000 people invest our hearts and minds to power human potential every day. Ranked 105th on the Fortune 500, we are deeply respected for our culture and long-term stewardship and admired for our diversified business mix and product capabilities.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260317103267r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260317103267/en/" rel="nofollow">https://www.businesswire.com/news/home/20260317103267/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
Kimberly Mikrot, U.S. Bank Public Affairs and Communications
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:kimberly.mikrot@usbank.com" shape="rect">kimberly.mikrot@usbank.com</a>

</p>

Alan Flanagan joins U.S. Bank as head of Global Investment Services

U.S. Bank Appoints New Head of Global Investment Services

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>U.S. Bank announced today that veteran securities executive Alan Flanagan has joined the bank as head of Global Investment Services, a division comprising Global Fund Services and Global Corporate Trust.


In this role,</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>U.S. Bank has appointed Alan Flanagan as head of Global Investment Services, aiming to drive growth in alternative investments and corporate trust sectors. Flanagan&#039;s extensive leadership experience is expected to enhance service offerings and client satisfaction, reinforcing the bank&#039;s strategic goals in investment services.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>U.S. Bank appoints Alan Flanagan as head of Global Investment Services.</li><li>Flanagan brings extensive experience from BNY, UBS, CIBC, and KPMG.</li><li>He will enhance offerings in alternative investments and corporate trust.</li><li>Flanagan&#039;s leadership expected to drive growth and client satisfaction.</li><li>Position solidifies U.S. Bank’s commitment to investment services.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>BNY Mellon (BK)</strong>: Flanagan&#039;s former employer, potentially impacting market perception.</li><li><strong>US Bancorp (USB)</strong>: USB&#039;s strategic direction in investment services hinges on Flanagan&#039;s leadership.</li><li><strong>UBS (UBS)</strong>: Flanagan&#039;s history with UBS may enhance USB&#039;s client acquisition strategies.</li><li><strong>CIBC (CM)</strong>: Flanagan&#039;s experience at CIBC may improve USB&#039;s competitive positioning.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This falls under &#039;Corporate Developments&#039; as it involves significant leadership changes within U.S. Bank&#039;s key services division. Such appointments can heavily influence strategic direction and investor sentiment.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Appointment of Flanagan could positively influence USB&#039;s investment service revenues.</li><li>Enhanced client solutions may attract new institutional investors.</li><li>Flanagan&#039;s experience may streamline operations and boost margins.</li><li>Increased focus on alternative investments can diversify USB&#039;s income streams.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Alan Flanagan joins U.S. Bank from BNY with nearly two decades of experience.</li><li>Flanagan will oversee Global Fund Services and Global Corporate Trust.</li><li>U.S. Bank is the fifth-largest commercial bank in the U.S.</li><li>The bank serves 15 million clients in the U.S., Canada, and Europe.</li><li>U.S. Bancorp ranked 105th on the Fortune 500 list.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>USB could see increased valuation due to enhanced leadership in investment services.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml">
U.S. Bank announced today that veteran securities executive Alan Flanagan has joined the bank as head of Global Investment Services, a division comprising Global Fund Services and Global Corporate Trust.

</p><p xmlns="http://www.w3.org/1999/xhtml">
In this role, Flanagan will lead a global team that combines industry-leading expertise with superior client service to offer customized product solutions for alternative investments, mutual funds, exchange-traded products, collateralized loan obligations (CLOs), structured finance, and corporate, escrow and municipal trust services. Flanagan will be a member of the senior leadership team for U.S. Bank's Wealth, Corporate, Commercial and Institutional Banking business line and will be based in New York.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Flanagan spent nearly two decades at BNY, where he held senior leadership roles across asset servicing, fund services and alternative investments, leading global businesses and driving sustainable growth. Most recently, he served as global head of client coverage for BNY's asset servicing division, overseeing relationship management for the firm. Prior to BNY, Alan held roles at UBS, CIBC and KPMG, giving him broad experience across business development, operations and financial services.

</p><p xmlns="http://www.w3.org/1999/xhtml">
"Alan is widely regarded as a collaborative leader with a forward‑thinking mindset and a strong commitment to client outcomes and I'm excited to welcome him to the bank," said Stephen Philipson, vice chair, U.S. Bank Wealth, Corporate, Commercial and Institutional Banking. "He brings a wealth of expertise in leading high-performing teams, which will enable us to continue building on the tremendous success of our Investment Services businesses."

</p><p xmlns="http://www.w3.org/1999/xhtml">
Flanagan is a fellow of the Institute of Chartered Accountants, Ireland and holds a chartered director in corporate governance and corporate strategy from the Institute of Directors, UK.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About U.S. Bancorp</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Headquartered in Minneapolis, U.S. Bancorp is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States. Our three major business lines serve 15 million clients throughout the U.S., Canada and Europe, and our team of nearly 70,000 people invest our hearts and minds to power human potential every day. Ranked 105th on the Fortune 500, we are deeply respected for our culture and long-term stewardship and admired for our diversified business mix and product capabilities.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260317103267r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260317103267/en/" rel="nofollow">https://www.businesswire.com/news/home/20260317103267/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
Kimberly Mikrot, U.S. Bank Public Affairs and Communications
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:kimberly.mikrot@usbank.com" shape="rect">kimberly.mikrot@usbank.com</a>

</p>

U.S. Bank has appointed Alan Flanagan as head of Global Investment Services, aiming to drive growth in alternative investments and corporate trust sectors. Flanagan's extensive leadership experience is expected to enhance service offerings and client satisfaction, reinforcing the bank's strategic goals in investment services.

Alan Flanagan joins U.S. Bank as head of Global Investment Services

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

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