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3 Bryant Park
New York, NY 10036

https://www.usbank.com/index.html

Boasting more than $475 billion in assets, U.S. Bancorp is the holding company for U.S. Bank (the US’s fifth largest commercial bank). Through that and other subsidiaries the company provides consumer and commercial loans, deposits, and credit cards as well as merchant processing, mortgage banking, trust and investment management, brokerage, insurance, and corporate payments. The bank has about 3,000 branches and some 4,700 ATMs in more than 30 states (primarily in the Midwest and West). Commercial loans account for about 35% of the holding company’s loan portfolio; residential mortgages represent more than 20% of the total.

U.S. Bank is a leading provider of corporate trust services in the United States and Europe. In a world of complex financial transactions, it is important to find a financially sound and reliable partner who understands and responds to your needs. Our tenured teams provide expert guidance through our full array of services, including CLO trustee services, custodial services, bank loan administration, loan agency, loan settlement and middle office outsourcing services. 

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Membership in the LSTA offers numerous benefits and opportunities. Chief among them is the opportunity to participate in the decision making process that ultimately establishes loan market standards, develops market practices, and influences the market’s direction.

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LSTA Newsletter: September 18, 2020

This week in review: Tess Virmani announces (and recaps) the LSTA’s new Simple SOFR Concept Credit Agreement, Meredith Coffey reviews the ARRC’s progress on Term…

Simple SOFR is Even Simpler

This summer has seen a number of tools added to the LIBOR transition toolbox, such as the Updated ARRC Hardwired Fallback Language (“Hardwired Fallback Language”)…