Can Banking’s New CEO Turn Around Its Most Undervalued Stock?
We begin with a major shift at U.S. Bancorp, the fifth-largest commercial lender in the country. In April, Gunjan Kedia, 54, became Banking’s CEO, making her just the second woman to head a major U.S. bank. Her challenge is clear: lift the bank’s stock, which has lagged behind competitors for a decade, and restore its…