Corporate trust
From Wikipedia, the free encyclopedia
A corporate trust is a trust created by a corporation.[1]
[edit] 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]
[edit] 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]