About U.S. Bank in Europe and Who We Are

A history of supporting clients’ global growth

Since 2000, U.S. Bank has grown in size and reputation in Europe – from a small joint-payments processing venture into an end-to-end specialised financial services provider. Over the last 25 years, we’ve opened our Dublin headquarters, expanded into fund and trust services and introduced new tools that power commerce across industries and borders.

Our evolution in Europe

U.S. Bank is the fifth largest bank in the United States. Our roots trace back to 1863 when our predecessor bank first received its licence to operate across the United States. Since then, we’ve increased in size and financial strength through organic growth, mergers and strategic acquisitions. In June 2000, we extended our operations into Europe, and over the years, we’ve broadened our footprint and service offerings here to support clients effectively.

2000

euroConex, a joint venture between NOVA Corporation and the Bank of Ireland, is founded.

2001

U.S. Bancorp acquires NOVA Corporation.

2004

U.S. Bank acquires Bank of Ireland’s stake in euroConex, making it a wholly owned division of U.S. Bank and cementing Ireland as our operational base for European growth.

2006

Elavon Financial Services Limited obtains its banking licence on 8 December 2006, operating in Ireland as a licenced credit institution ever since.

2008

euroConex is rebranded as Elavon.

2010

U.S. Bank acquires the European securitisation, trust and agency business from Bank of America, marking the start of our Global Corporate Trust (GCT) business in Europe with teams based in London and Dublin.

2013

U.S. Bank acquires Irish hedge fund business Quintillion and establishes our Global Fund Services (GFS) business in Europe.

2018

Depositary business is established to service Irish companies.

2019

U.S. Bank opens flagship headquarters in Cherrywood, Dublin.

2020

U.S. Bank opens offices in Luxembourg to expand GFS offerings – providing fund administration, depositary, custody and domiciliation services for Luxembourg-domiciled funds.

2023 - 2025

U.S. Bank rolls out new tools including cloud-based POS systems, mobile payment devices and enterprise-grade integrations supporting omnichannel commerce across Irish retail, hospitality and healthcare sectors.

2025

U.S. Bank is ranked no. 10 (out of 1000) in FT Europe’s Best Employers of 2025 list.

Work with a recognised leader in European financial services

We have built a strong reputation for success, trustworthiness and ethical practices.

Private Equity Wire® European Awards 2026

Won the Custody and Depositary Service Provider of the Year award.

2025 Hedgeweek European Awards

Named 2025 Fund Administrator of the Year: Client Services.

2025 With Intelligence HFM European Services Awards

U.S. Bank Global Fund Services was named 2025 Best Administrator – Client Service.

Fortune

Recognised as one of the 2025 World’s Most Admired Companies for 15 consecutive years.

Ethisphere Institute

One of the World’s Most Ethical Companies® for 11 consecutive years by Ethisphere Institute.

Fair360

Named one of the top companies for workplace fairness for six consecutive years.

2024 GlobalCapital European Securitization Awards

U.S. Bank was named 2024 Securitization Trustee of the Year.

15 professional bankers standing in a large building talking to each other about US banks in Europe

Today and into the future

Today, with more than 3,400 employees in the locations you need them across Europe, we’re proud to be recognised among the world’s best employers. Our collective focus remains the same as it was on day one: harnessing talent, technology and trust to help businesses thrive and communities prosper for the next 25 years (and the next 25 after that).

Connect with a European investment services professional

Rely on our advice, experience and integrated solutions to gain access to new markets.

Disclosures

Investment products and services are:

Not a Deposit • Not FDIC Insured • May Lose Value • Not Bank Guaranteed • Not Insured by any Federal Government Agency

U.S. Bank is not responsible for and does not guarantee the products, services, performance or obligations of its affiliates.

U.S. Bank Global Corporate Trust is a trading name of U.S. Bank Global Corporate Trust Limited, U.S. Bank Trustees Limited and U.S. Bank Europe DAC (each a U.S. Bancorp group company). U.S. Bank Global Corporate Trust Limited is a limited company registered in England and Wales having the registration number 05521133 and a registered address of 125 Old Broad Street, Fifth Floor, London, EC2N 1AR. U.S. Bank Global Corporate Trust Limited, Dublin Branch is registered in Ireland with the Companies Registration Office under Reg. No. 909340 with its registered office at Block F1, Cherrywood Business Park, Cherrywood, Dublin 18, Ireland D18 W2X7. U.S. Bank Trustees Limited is a limited company registered in England and Wales having the registration number 02379632 and a registered address of 125 Old Broad Street, Fifth Floor, London, EC2N 1AR. U.S. Bank Europe DAC, trading as U.S. Bank Global Corporate Trust, is regulated by the Central Bank of Ireland. Registered in Ireland with the Companies Registration Office, Reg. No. 418442. The liability of the member is limited. Registered Office: Block F1, Cherrywood Business Park, Cherrywood, Dublin 18, Ireland D18 W2X7. Directors: A list of names and personal details of every director of the company is available for inspection to the public at the company’s registered office for a nominal fee. In the UK, U.S. Bank Europe DAC trades as U.S. Bank Global Corporate Trust through its UK Branch from its establishment at 125 Old Broad Street, Fifth Floor, London, EC2N 1AR (registered with the Registrar of Companies for England and Wales under Registration No. BR020005). Authorised and regulated by the Central Bank of Ireland. Authorised by the Prudential Regulation Authority. Subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request. In Luxembourg, U.S. Bank Europe DAC trades as U.S. Bank Global Corporate Trust through its Luxembourg Branch under RCS number B244276 with its registered office at 4, rue Albert Borschette, L-1246 Luxembourg, and is regulated and authorised by the Central Bank of Ireland (CBI) as well as by the Commission de Surveillance du Secteur Financier (CSSF). Details about the extent of our authorisation and regulation by the CBI and the CSSF are available from us on request. All banking services are provided through U.S. Bank Europe DAC. U.S. Bank Global Corporate Trust Limited and U.S. Bank Trustees Limited are Trust Corporations and not banking institutions and are not authorised to carry on banking business in the United Kingdom, Ireland or any other jurisdiction.

All banking services are provided through U.S. Bank Europe DAC. U.S. Bank Global Corporate Trust Limited and U.S. Bank Trustees Limited are Trust Corporations and not banking institutions and are not authorised to carry on banking business in the United Kingdom, Ireland or any other jurisdiction.

U.S. Bank Global Fund Services (Ireland) Limited is regulated by the Central Bank of Ireland.

U.S. Bank Global Fund Services (Guernsey) Limited is licensed under the Protection of Investors (Bailiwick of Guernsey) Law, 2020, as amended, by the Guernsey Financial Services Commission to conduct controlled investment business in the Bailiwick of Guernsey.

U.S. Bank Global Fund Services (Luxembourg) S.à.r.l. is a Luxembourg – registered company, recorded with the Luxembourg Trade and Companies Register under number B238278, and having its registered office at Floor 3, K2 Ballade, 4, rue Albert Borschette, L-1246 Luxembourg. U.S. Bank Global Fund Services (Luxembourg) S.à.r.l. is authorised and supervised by the Commission de Surveillance du Secteur Financier (CSSF).

U.S. Bank Europe DAC Luxembourg Branch (trading as U.S. Bank Depositary Services Luxembourg) is registered in Luxembourg with RCS number B244276 and Registered Office: Floor 3, K2 Ballade, 4, rue Albert Borschette, L-1246 Luxembourg, regulated and authorised by the Central Bank of Ireland (CBI) as well as by the Commission de Surveillance du Secteur Financier (CSSF). Details about the extent of our authorisation and regulation by the CBI and the CSSF are available from us on request.

U.S. Bank Europe DAC, trading as U.S. Bank Depositary Services, is regulated by the Central Bank of Ireland and is registered in Ireland with the Companies Registration Office Reg. No. 418442. The registered office is Block F1, Cherrywood Business Park, Loughlinstown, Dublin 18, Ireland D18 W2X7.

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