U.S. Bancorp (USB) Arm Closes PFM Asset Management Buyout Posted byZacks Equity Research December 8, 2021 Leave a comment on U.S. Bancorp (USB) Arm Closes PFM Asset Management Buyout U.S. Bancorp (USB) enhances its presence in the institutional asset management space and bolsters position as a dominant provider of varied investment solutions with the PFM Asset Management buyout.