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In the most basic sense of the term, a corporate trust is a trust created by a corporation. [1]The term in the United States is most often used to describe the business activities of many financial services companies and banks that act in a fiduciary capacity for investors in a particular security (i.e. stock investors or bond investors).
Bank of America Private Bank (formerly U.S. Trust) was founded in 1853 as the United States Trust Company of New York. [1] It operated independently until 2000, when it was acquired by Charles Schwab, and Co. [ 2 ] and subsequently sold to, and became a subsidiary of, Bank of America in 2007. [ 3 ]
One US Bank Plaza in downtown St. Louis, Missouri The US Bank tower in downtown Denver, Colorado US Bank tower in Salt Lake City, Utah US Bank Center in Milwaukee, Wisconsin US Bank Building in Sheboygan, Wisconsin U.S. Bancorp footprint United States National Bank of Portland, Oregon Downtown Minneapolis; Capella Tower is the circular building on the center-right.
U.S. Bancorp (USB) agreed to pay as much as $35 million in cash for Bank of America's (BAC) securitization trust administration units in the U.S. and Europe. The deal is part of the U.S. Bank ...
Wilmington Trust is currently a provider of international corporate and institutional services, investment management, and private banking. The firm was founded on July 8, 1903, as a banking, trust, and safe deposit company by DuPont president T. Coleman du Pont. In 2010, it became a subsidiary of M&T Bank.
Chemical Bank & Trust Co. National Safety Bank & Trust Co. of NY Chemical Bank & Trust Co. JPMorgan Chase: 1952 Equitable Trust Company: Security Trust Company: Equitable Security Trust Company [16] PNC Financial Services: 1952 County Trust Company of White Plains, N.Y. Mount Vernon Trust Company: County Trust Company [17] BNY Mellon: 1954 ...
In October 1992, AmeriServ Trust and Financial Services Company was formed. [1] In May 2001, the company changed its name to AmeriServ Financial, Inc. [2] [3] In March 2007, the company acquired West Chester Capital Advisors. [4] In 2009, the company sold its corporate trust bond administration business to U.S. Bancorp. [5]
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