Wikipedia:
corporate trust
A corporate trust is a trust created by a corporation.[1]
Reasons
A corporation with little or no financial expertise may seek the services of a financial institution (often a corporation as well) through the creation of a corporate trust. By doing so, they are entrusting the finances of their corporation to that particular financial institution.[2]
Services Offered
Corporate trusts offer a wide range of services, which include but are not limited to:
- Escrow services
- Public finance
- Corporate finance
- Money market services
- Default services
- Structured finance[3]
References
- ^ Corporate Trust. WebFinance (January 1 2007). Retrieved on 2007-03-10.
- ^ Global Corporate Trust. The Bank of New York (January 1 2007). Retrieved on 2007-03-10.
- ^ Corporate Trust. U.S. Bancorp (January 1 2007). Retrieved on 2007-03-10.
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