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US Bank Targets Middle Market Expansion

(13 November 2026 – United States) US Bank is scaling up the number of relationship managers (RMs) serving middle market corporate clients as it seeks to expand revenue from enterprises that represent the “engine room” of the US economy.

Bloomberg’s Yizhu Wang reports that the Minneapolis-headquartered lender will bring on 60 bankers to relationship manage corporates with US$50 million to US$1 billion in annual revenue across Texas, California and Florida.

US Bank, the primary operating subsidiary of US Bancorp, is the fifth-largest commercial banking institution in the United States operating more than 2,000 branches across 26 US states

“Our hiring effort is set to boost client-facing capabilities and reflects our broader strategy to drive revenue growth” said US Bancorp Head of Middle Market Banking, Hassan Salem, who currently manages 230 middle market RMs.

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