trust corporation

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Related to trust corporation: Depository Trust Corporation
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  • 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 ?
Northern Trust Corporation also declared cash dividends of $365.
In addition, Northern Trust Corporation has declared a cash dividend of USD365.
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.
Prior to 2011 a bank is allowed to establish up to two trust units within its current set up, however after 2011 the BSP allowed a separate trust corporation and a bank can invest as an affiliate in the new trust company, which by BSP definition, is a company engaged in trust and other fiduciary business and investment management activities which will act as trustee or financial consultant, investment adviser or portfolio manager or administer any trust or hold property in tryst or on deposit for the use and benefit of others.
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.
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of investment management, asset and fund administration, banking solutions and fiduciary services for corporations, institutions and affluent individuals worldwide.
The purchase of securities or instruments issued by the quasi bank will also not be considered as exposures of the trust corporation.
A Federal judge ruled the Resolution Trust Corporation does not have the authority to evict rent-controlled and stabilized tenants in New York State condominiums and cooperatives.
CHICAGO -- Northern Trust Corporation announced today that Chairman and Chief Executive Officer Frederick H.
Northern Trust Corporation (NASDAQ: NTRS), the holding company of The Northern Trust Company, has said that it has declared a quarterly cash dividend of USD0.
assisted the seller, Resolution Trust Corporation, as Conservator for Yorkville Federal Savings Association through an exclusive listing arrangement to sell this rental property to one of the firm's investment clients.
6 million mortgage was among the troubled assets of City Federal Savings when that institution was seized by the federal Resolution Trust Corporation in 1990.