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Extraction Summary

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People
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Organizations
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Locations
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Events
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Relationships
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Quotes

Document Information

Type: Financial conference report summary
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Summary

This document is a page from a Bank of America Merrill Lynch report for the '2016 Future of Financials Conference'. It summarizes U.S. Bancorp (USB) management's views on regulatory costs, ROE targets, innovation with Zelle, and M&A strategy, and includes a poll on 2017 bank catalysts. Despite the user's query, the document itself contains no references to Jeffrey Epstein or any related individuals or entities.

People (1)

Name Role Context
Davis Management (likely at USB)
Mentioned as being optimistic about the growth of USB's P2P initiative with Zelle and discussing spending on innovati...

Organizations (3)

Timeline (1 events)

17 November 2016
Bank of America Merrill Lynch held its '2016 Future of Financials Conference', where USB management presented their outlook.
Not specified

Relationships (1)

USB Business Partnership Zelle
The document mentions 'its P2P initiative with Zelle', indicating a collaborative project between USB and Zelle.

Key Quotes (3)

"On the topic of regulation, management noted that it is still too early to know what type of regulatory relief banks of USB's size may receive so management has not slowed down any of its investments in regulatory costs."
Source
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Quote #1
"In terms of innovation projects, 86% of those polled noted that it should invest in innovations projects that are self-funded."
Source
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Quote #2
"In terms of potential M&A, management noted that it would look for in market opportunities and double down where it has scale."
Source
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Quote #3

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