David Bell, Head of Corporate Trust
and Agency commented on Eliot's appointment, "Law Debenture is delighted to have Eliot join the its Corporate Trust
team, his experience gained from the Banking and Legal sectors will further enhance our existing franchise and is yet another building block for our long term growth plans.
Weeks has more than 25 years of experience in corporate trust
and the financial services industry.
HSBC Holdings (LSE: HSBA) has said that it has made a key appointment to its corporate trust
and loan agency unit.
This is the second acquisition of a corporate trust
business by Amalgamated.
The corporate trust
business is typically a low-margin area; it requires enormous scale to be profitable.
In his new role based in Mexico City, Garay will oversee the company's expansion and will be responsible for operations, client service delivery and general management of BNY Mellon Corporate Trust
This significant debt programme required an institution with extensive experience and expertise in the debt capital markets," said Jim Maitland, the managing director and executive for the International region for BNY Mellon's Corporate Trust
The trust division manages some $5 billion in corporate trusts
Bancorp (NYSE: USB), has said that it has appointed Joseph Giordano as president of its Global Corporate Trust
Services (GCTS) division, effective June 1, 2017.
US Bank has named Joseph Giordano president of its Global Corporate Trust
Services (GCTS) division, the company said.
BANKING AND CREDIT NEWS-May 5, 2017-US Bank Global Corporate Trust
Services names new president
Service Company's Delaware Trust Co (Delaware Trust) subsidiary has closed the acquisition of the corporate trust
business of Law Debenture Trust Co of New York, the company said.
He has main responsibility for the public, not-for profit corporate trust
business, including above 10,000 clients.
BNY Mellon Corporate Trust
has launched an enhanced Spanish tax certification service that will allow Spanish issuers and guarantors to continue entering debt and preferred securities markets while providing to eligible investors an enhanced position for tax on income payments.