trust corporation

Also found in: Dictionary, Legal, Financial, Encyclopedia.
Related to trust corporation: Depository Trust Corporation
Graphic Thesaurus  🔍
Display ON
Animation ON
  • noun

Synonyms for trust corporation

an organization (usually with a commercial bank) that is engaged as a trustee or fiduciary or agent in handling trust funds or estates of custodial arrangements or stock transfers or related services

References in periodicals archive ?
With assets under custody/administration of USD11.3tn as of June 30, 2019, Northern Trust Corporation is a provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals.
Northern Trust Corporation today reported second quarter net income per diluted common share of $1.75, compared to $1.68 in the second quarter of 2018 and $1.48 in the first quarter of 2019.
"(1) BPI Asset Management and Trust Corporation, is the largest wealth management provider in the Philippines.
Northern Trust Corporation also declared cash dividends of $365.625 per share of its Series C non-cumulative perpetual preferred stock (resulting in a distribution of $0.365625 per depositary share), and $2,300.00 per share of its Series D non-cumulative perpetual preferred stock (resulting in a distribution of approximately $23.00 per depositary share), each payable on April 1, 2018, to holders of record at 5:00 p.m..
In a recent disclosure to the Philippine Stock Exchange, BPI said the Bangko Sentral ng Pilipinas (BSP) had granted the license for the bank's asset management and trust group to create and operate a new trust corporation.
Federal Trust Bank operates 11 full-service offices in FloridaCountry: USA, Sector: Banking/Financial ServicesTarget: Federal Trust Corporation, Federal Trust BankBuyer: CenterState Banks IncVendor: Hartford Financial Services Group IncType: DivestmentStatus: Agreed
Trust Corporation and the United States Trust Company of New York, without admitting to any allegations, consented to the issuance of the order in connection with alleged violations and deficiencies relating to the lack of internal controls and procedures and inadequate compliance with the Bank Secrecy Act and relating to the failure to maintain accurate and complete books and records in connection with the operations and activities of the Strategic Trading Group of the bank.
The Federal Deposit Insurance Corporation announced its plans for the remaining regulations and contracts of the Resolution Trust Corporation (RTC), the agency established in 1989 to manage the assets and liabilities of failed savings and loans institutions.
Concurrently, the Resolution Trust Corporation (RTC) is selling off portfolios of CMO residuals of thrifts in conservatorship or receivership to raise capital in their effort to recover the liquidation costs of these failed thrifts.
Community Bankers Trust Corporation (NASDAQ: ESXB), the holding company for Essex Bank, has announced that it has appointed Gail L.
M2 EQUITYBITES-July 1, 2019-Community Bankers Trust Corporation appoints new board member
"The establishment of the trust corporation will complement Pru Life UK's insurance business and allow us to provide more value to our customers by offering them a wider range of financial solutions," said its vice president and chief investment officer Anthony Garces.
Rubin, secretary of the Treasury and chairman of the Thrift Depositor Protection Oversight Board, told the Senate Committee on Banking, Housing and Urban Affairs that the Resolution Trust Corporation (RTC), created by Congress to sell the assets and pay off depositors of failed thrifts, could close entirely in December 1995, one year earlier than initially anticipated.
Northern Trust Corporation (NASDAQ:NTRS) has said that the Federal Reserve did not object to the company's 2019 capital plan.