STOCK TITAN

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

(Neutral)
(Very Positive)
Tags

Key Terms

collateralized loan obligations (CLOs) financial
Collateralized loan obligations (CLOs) are investment vehicles that pool many corporate loans and divide the resulting cash flows into different slices that are sold to investors. They matter to investors because each slice offers a different mix of risk and return—some provide steadier, lower yields while others aim for higher income with greater default risk—so changes in borrower health, interest rates, or credit markets can materially affect returns.
structured finance financial
Structured finance is a way of turning a group of financial assets — like loans, mortgages, or receivables — into new investment products by pooling them together and slicing that pool into pieces with different levels of risk and return. For investors, it matters because these products can offer higher yields or tailored risk exposure than plain stocks or bonds, but they can also hide complexity and sensitivity to the underlying assets’ performance, so understanding what you own is key.
exchange-traded products financial
Exchange-traded products are investment tools that are bought and sold on stock exchanges, similar to how stocks are traded. They often track the performance of a group of assets, like stocks, bonds, or commodities, allowing investors to easily add diversified exposure to their portfolios. These products matter to investors because they offer a simple way to invest in various markets with flexibility and transparency.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

MINNEAPOLIS--(BUSINESS WIRE)-- 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, 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.

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.

“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.”

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.

About U.S. Bancorp

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.

Kimberly Mikrot, U.S. Bank Public Affairs and Communications
kimberly.mikrot@usbank.com

Source: U.S. Bancorp