People

By Landy, Heather; Monks, Matthew et al. | American Banker, April 9, 2010 | Go to article overview

People


Landy, Heather, Monks, Matthew, Davis, Paul, American Banker


Byline: Heather Landy, Matthew Monks and Paul Davis

Saving the Whales

U.S. Bancorp's latest acquisition in San Diego is good for the Federal Deposit Insurance Corp. and good for the Wyland whales.

The Minneapolis company is buying from the FDIC the former headquarters building of the failedSan Diego National Bank, which U.S. Bancorp acquired in October with FDICassistance.

The office property, covered almost entirely on one side with a seascape mural by the environmental artist Wyland, had not been part of the initial acquisition.

Robert Horsman, U.S. Bank's regional chairman in San Diego and the former president and chief executive officer of San Diego National Bank, said the purchase of the building, at 1420 Kettner Blvd. in downtown San Diego, is good news for employees and for the community.

"This building has a special place in many hearts," he said in a press release.

The mural, the 64th in Wyland's "Whaling Walls" series, was painted in 1994 and depicts five gray whales migrating down the California coast on their way to Mexico. It is visible from the I-5 Freeway and from planes that fly in and out of San Diego International Airport.

U.S. Bancorp occupies 81,000 square feet in the building and said it will use more space there as it expands certain business lines and relocates others. U.S. Bank signage will soon appear on the building.

Changing the Guard

Kenneth Peterson has left Wells Fargo & Co. to succeedGerald Dent as chief credit officer at Zions Bancorp.

Peterson spent 28 years at Wells Fargo and was most recently chief credit officer in its wealth, brokerage and retirement services group. He starts May 1.

Dent, who is retiring, has been with Zions since 1977 and has been its chief credit officer since 1998.

Peetz Honored

Karen B. Peetz, no stranger to readers who have followed our sister publicationU.S. Banker's coverage of the most powerful women in banking, will accept a Woman of the Year award later this month from the Financial Women's Association, honoring her work as chief executive of financial markets and treasury services at Bank of New York Mellon Corp. …

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