What Is U.S. Bancorp (USB) Signaling With Its New Payments Leadership Hire?

U.S. Bancorp (NYSE:USB) has appointed Calvert Lange as Senior Vice President and Payments: Merchant and Institutional Sales Group Head. Lange joins U.S. Bancorp's Institutional Client Group after senior payments and treasury roles at Citi and Deutsche Bank. Her remit covers payment and treasury services for institutional sectors, a core focus area within the bank's transaction services offering. The appointment of Calvert Lange to lead merchant and institutional payments is one piece of a...