Corporate trust is a business that is driven by scale, with increasingly intense competition among a narrowing group of major providers,
32.
Bank of New York Co . agreed to buy the corporate trust business of Signet Banking Corp . for an undisclosed amount.
33.
The plan would also permit subsidiaries engaging in the trust banking business to manage corporate trust funds, but not public pension funds.
34.
"For corporate trust, you have to have a lot of infrastructure, " such as staffs of analysts and portfolio managers, Campbell said.
35.
Bird said State Street, with $ 300 billion of bonds outstanding, ranks among the top half-dozen banks in the corporate trust business nationally.
36.
The unit, called the Corporate Trust Operations Center, handled more than $ 100 billion in municipal debt service funds from 1978 to 1992.
37.
I talked to a woman running corporate trust whom I knew through the organization, and she recommended a man who worked for her,
38.
Mellon Bank Corp . put its corporate trust business up for sale, following rivals that opted to sell rather than try to compete.
39.
Kingdon sat on Bankers Trust's 12-member operating committee and oversaw its custody, corporate trust and pension services businesses before resigning in early 1997.
40.
The office, staffed by former Compass employees, was moved from the site previously occupied by Compass'corporate trust unit, said Chase spokeswoman Lisa Lupo.
