Resolution Trust Corporation was created in 1989.
The corporation that replaced Trust is the Resolution Trust Corporation.
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Yes it was.
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Gaston Louis Gianni has written: 'Resolution Trust Corporation' -- subject(s): Evaluation, Federal Deposit Insurance Corporation, Management, Resolution Trust Corporation (U.S.)
Trust Banking Corporation was created in 1996.
The Resolution Trust Corporation (RTC) was established in 1989 in response to the savings and loan crisis in the United States, which saw numerous savings and loan institutions fail due to poor management and risky investments. The RTC was tasked with managing and liquidating the assets of these bankrupt institutions to maximize recoveries for the depositors and taxpayers. By selling off assets and overseeing the resolution of failed banks, the RTC aimed to stabilize the financial system and restore confidence in the banking sector. It was dissolved in 1995 after completing its mandate.
The symbol for Northern Trust Corporation in NASDAQ is: NTRS.
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The ticker symbol for Northern Trust Corporation is NTRS and it is traded on the Nasdaq.