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Depository Trust Company ( DTC ), founded in 1973, is a New York corporation that performs the functions of a central securities depository as part of the US National Market System. [3] DTC annually settles transactions worth hundreds of trillions of dollars, processes hundreds of millions of book-entry deliveries, and custodies millions of ...
Truist Bank [1] Truist Securities [5] Website. truist .com. Truist Financial Corporation is an American bank holding company headquartered in Charlotte, North Carolina. [6] The company was formed in December 2019 as the result of the merger of BB&T (Branch Banking and Trust Company) and SunTrust Banks.
Huntington Bancshares. / 39.961153; -83.000594. Huntington Bancshares Incorporated is an American bank holding company headquartered in Columbus, Ohio. The company is ranked 466th on the Fortune 500 as of 2024, [6] and is 26th on the list of largest banks in the United States. [citation needed]
The Depository Trust & Clearing Corporation ( DTCC) is an American financial market infrastructure company that provides clearing, settlement and trade reporting services to financial market participants. It performs the exchange of securities on behalf of buyers and sellers and functions as a central securities depository by providing central ...
A trust company is a corporation that acts as a fiduciary, trustee or agent of trusts and agencies. A professional trust company may be independently owned or owned by, for example, a bank or a law firm, and which specializes in being a trustee of various kinds of trusts. The "trust" name refers to the ability to act as a trustee – someone ...
New York City, New York. Products. Financial services. Bankers Trust was a historic American banking organization. The bank merged with Alex. Brown & Sons in 1997 before being acquired by Deutsche Bank in 1999. Deutsche Bank sold the Trust and Custody division of Bankers Trust to State Street Corporation in 2003.
State Street Bank and Trust Company, more commonly known as State Street Global Services or simply State Street, is a subsidiary of State Street Corporation organized as a trust company based in Massachusetts specializing in services to mutual funds and their advisers, collective investment funds, corporate and public pension funds, insurance companies, operating companies and non-profit ...
History. The company was founded in 1973 by fast-food restaurant franchise owner Vernon Hill, a graduate of the Wharton School of the University of Pennsylvania.Hill sought to bring fast food convenience to banking and expanded Commerce from one location to over 435 in thirty-three years.
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