Home>US Bancorp USB Q2 2012 Earnings Call Transcript
US Bancorp USB Q2 2012 Earnings Call Transcript
Earnings Call Transcripts by Morningstar Inc.
Wed, 18 Jul 2012
Welcome to U.S. Bancorp's Second Quarter 2012 Earnings Conference Call. Following a review of the results by Richard Davis, Chairman, President, and Chief Executive Officer, and Andy Cecere, U.S. Bancorp's Vice Chairman and Chief Financial Officer, there
ETF and open-end asset flows combined show a strong preference for bonds, emerging markets, and passive funds, while active U.S. stock fund managers and money market funds have suffered the brunt of outflows.