Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

U.S. Bancorp CEO Richard Davis Says Size of Lender Is ‘Perfect’

Sept. 12 (Bloomberg) -- Richard Davis, chief executive officer of U.S. Bancorp, the nation’s largest regional lender, said the size of his company is “perfect” and that it intends to be only in businesses where it can compete effectively.

“We’ll either be at scale, be getting to scale or get out,” Davis said today at the Minneapolis-based bank’s investor conference in New York. “One of the reasons we’re not big on looking to double the size of the bank or pick up a bank of our size in another part of the country where we’re not is because we would much rather double down on where we already are.”

To contact the reporter on this story: Laura Marcinek in New York at

To contact the editors responsible for this story: David Scheer at; Christine Harper at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.