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:

[edit] References

  1. ^ Corporate Trust. WebFinance (January 1, 2007). Retrieved on March 10, 2007.
  2. ^ Global Corporate Trust. The Bank of New York (January 1, 2007). Retrieved on March 10, 2007.
  3. ^ Corporate Trust. U.S. Bancorp (January 1, 2007). Retrieved on March 10, 2007.