U.S. Bancorp, the Minneapolis-based bank, is expanding its North Carolina presence, taking another 10,000 square feet in Hearst Tower according to the Charlotte Business Journal. Bancorp's new, high-grade fixed-income group led by Jim Kelligrew, a former Wachovia Corp. banker, will be building a trading floor in the new space on the 26th floor, adding to the roughly 100 corporate and institutional trust employees currently working on the 26th and 27th floors of the building.
The Charlotte Observer reported that U.S. Bancorp plans to add up to 70 jobs in Charlotte by the end of 2010 as it starts a corporate banking and bond-trading operation. Charlotte is also getting a boost from hiring plans announced by GMAC Financial Services and Morgan Stanley & Co.
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