Financials: The End of an Era at U.S. Bancorp
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 27 March 2017
⏱️ 29 minutes
🧾️ Download transcript
Summary
Richard Davis is one of the greatest bankers of the modern era. As CEO of U.S. Bancorp since the end of 2006, Davis has spent the last decade atop the most profitable big bank in America. In this week’s episode of Industry Focus: Financials, we tease out the most interesting insights that Davis, who retires next month, shared in a wide-ranging interview with The Motley Fool’s John Maxfield.
Transcript
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| 0:00.0 | Hello everyone welcome to Industry Focus the podcast that dives into a different |
| 0:05.9 | sector of the stock market every day you're listening to the Financial's Edition |
| 0:09.6 | taped today on Monday March 27th, 2017. |
| 0:12.7 | My name is Gabby Lapera, and joining me on Skype |
| 0:15.3 | is John Maxfield Banking Specialist. |
| 0:17.8 | How's it going, John? |
| 0:19.2 | It's going great. |
| 0:19.8 | How you doing, Gabby? |
| 0:20.8 | I am doing really, really well. I was just telling Austin that I've had my my first |
| 0:26.8 | taste of adulthood in that I needed an anti acid this morning oh no no. Adulthood. |
| 0:34.0 | Boo. |
| 0:35.0 | I know it's terrible. |
| 0:36.0 | But yeah, how was your weekend? |
| 0:38.0 | It was great. |
| 0:40.0 | You know, I have a twin five-year-old, so it's just just like it's like going to the zoo for two days |
| 0:44.8 | and then like hanging out and like the lion's dead you know I don't know how my wife |
| 0:49.2 | does it. I'm sure they'll really appreciate this episode of Industry Focus when they're older. |
| 0:55.0 | Yeah, no, I had a good weekend too. I went rock climbing and it is a lot of fun guys. I think everyone should go rock climbing. I climbed a 40 foot wall and I'm really scared of height so it was a big accomplishment for me. |
| 1:08.0 | Oh wow. Yeah, I know right. Talking about other people who have had big accomplishments, you did an interview with the US Bank CEO Richard Davis. |
| 1:18.0 | Davis is actually stepping down from his position soon, but it's a really well thought out, long planned move, much like everything |
| 1:26.0 | Davis has done before, but this is a really good time to talk to him and talk to him about |
| 1:30.4 | like how he saw his role in one of America's best banks? |
... |
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