Corporate trust

Jocelyn Lynch Promoted to Head of Western Alliance Trust Company, N.A.

Retrieved on: 
月曜日, 5月 6, 2024

Western Alliance Bancorporation today announced the promotion of Jocelyn Lynch to the President and CEO of Western Alliance Trust Company, N.A.

Key Points: 
  • Western Alliance Bancorporation today announced the promotion of Jocelyn Lynch to the President and CEO of Western Alliance Trust Company, N.A.
  • Lynch brings tremendous experience to her elevated role, having served previously as Managing Director in the Corporate Trust group at Western Alliance Trust Company, N.A.
  • "Jocelyn’s deep expertise, unwavering focus on clients and strategic mindset make her a natural choice to lead the Western Alliance Trust Company,” said Dale Gibbons, Vice Chairman and Chief Financial Officer of Western Alliance Bank.
  • “I am so pleased to move into the top leadership role at Western Alliance Trust Company,” said Lynch.

Computershare to buy BNY Trust Company of Canada

Retrieved on: 
木曜日, 4月 25, 2024

Computershare Limited (ASX: CPU) has announced that it has agreed to acquire BNY Trust Company of Canada from BNY Mellon (NYSE: BK) through its Canadian trust company, Computershare Trust Company of Canada.

Key Points: 
  • Computershare Limited (ASX: CPU) has announced that it has agreed to acquire BNY Trust Company of Canada from BNY Mellon (NYSE: BK) through its Canadian trust company, Computershare Trust Company of Canada.
  • BNY Trust Company of Canada was established in 2001 and offers a range of trust and agency services in Canada to clients, including issuers, corporations, banks and government entities.
  • “We’re delighted to be bringing the experienced team at BNY Trust Company of Canada on board,” said Frank Madonna, CEO of Computershare Corporate Trust.
  • BNY Trust Company of Canada is based in Toronto and has a portfolio of around 1,800 corporate trust mandates.

Women's Infrastructure Network Virtually Opens the Market

Retrieved on: 
金曜日, 4月 19, 2024

TORONTO, April 19, 2024 /PRNewswire/ - Representatives from the Women's Infrastructure Network (WIN) joined Nelia Andrade, Regional Director, Corporate Trust, Toronto Stock Exchange (TSX), to celebrate the 10th annual WIN Awards and open the market.

Key Points: 
  • TORONTO, April 19, 2024 /PRNewswire/ - Representatives from the Women's Infrastructure Network (WIN) joined Nelia Andrade, Regional Director, Corporate Trust, Toronto Stock Exchange (TSX), to celebrate the 10th annual WIN Awards and open the market.
  • Started from an interest expressed from women in the infrastructure industry to network with each other, WIN was initially established informally across the country in Canada in Toronto, Vancouver and Calgary to bring women together across disciplines.
  • WIN has evolved into a dynamic forum designed for women in infrastructure to help facilitate connections and networking, exchange ideas, and help shape the infrastructure agenda.
  • The WIN Awards Program recognizes the contributions of exceptional women in the Canadian infrastructure industry.

U.S. Bank Adds New Division to Serve Private Capital Asset Managers

Retrieved on: 
木曜日, 2月 22, 2024

U.S. Bank today announced it has launched a new division dedicated to serving private capital firms and global asset managers.

Key Points: 
  • U.S. Bank today announced it has launched a new division dedicated to serving private capital firms and global asset managers.
  • The Private Capital and Global Asset Management division brings together all parts of the bank that currently serve more than 200 private capital clients with a range of products and services, including fund custody and administration as well as lending and capital markets underwriting and distribution.
  • The centralized team of private capital experts streamlines the experience for asset managers and will help the bank grow its offering to additional private equity and private credit firms and other diversified investment managers.
  • The new division will create the focus and resources necessary to give our growing number of private capital clients access to the financial services and expertise they need.”
    U.S. Bank’s Private Capital and Global Asset Management division provides comprehensive fund finance, foreign exchange, treasury management, depositary services, capital markets solutions and trustee capabilities to the asset management industry.

Nixon Peabody recognized by U.S. Bank for commitment to diversity in legal profession

Retrieved on: 
木曜日, 12月 7, 2023

BOSTON, Dec. 7, 2023 /PRNewswire-PRWeb/ -- Nixon Peabody LLP is proud to announce that the U.S. Bank Law Division has selected the firm as recipient of the 2023 "U.S. Bank Invested in Diversity" award, which recognizes Nixon Peabody's ongoing dedication to diversity, equity, and inclusion (DEI) in the legal profession.

Key Points: 
  • Nixon Peabody LLP is proud to announce that the U.S. Bank Law Division has selected the firm as recipient of the 2023 "U.S. Bank Invested in Diversity" award, which recognizes Nixon Peabody's ongoing dedication to diversity, equity, and inclusion (DEI) in the legal profession.
  • BOSTON, Dec. 7, 2023 /PRNewswire-PRWeb/ -- Nixon Peabody LLP is proud to announce that the U.S. Bank Law Division has selected the firm as recipient of the 2023 "U.S. Bank Invested in Diversity" award, which recognizes Nixon Peabody's ongoing dedication to diversity, equity, and inclusion (DEI) in the legal profession.
  • The annual "U.S. Bank Invested in Diversity" honor is presented to a law firm that works closely with U.S. Bank and is making a meaningful difference for DEI.
  • Representative of the firm's ongoing commitment to build a more diverse, equitable, and inclusive legal profession, Nixon Peabody has earned Mansfield Rule Certification Plus recognition from legal industry incubator Diversity Lab for six consecutive years.

Redwood Trust Announces the Appointment of Doneene Damon to its Board of Directors

Retrieved on: 
木曜日, 11月 2, 2023

Redwood Trust, Inc. (NYSE: RWT; “Redwood”, or the “Company”), a leader in expanding access to housing for homebuyers and renters, today announced that Doneene K. Damon has been appointed to its Board of Directors (the “Board”).

Key Points: 
  • Redwood Trust, Inc. (NYSE: RWT; “Redwood”, or the “Company”), a leader in expanding access to housing for homebuyers and renters, today announced that Doneene K. Damon has been appointed to its Board of Directors (the “Board”).
  • “We are pleased to welcome Doneene to the Board as an independent director,” said Greg Kubicek, Chair of Redwood’s Board of Directors.
  • Ms. Damon also currently serves on the Board of Directors of Brown Advisory Delaware Trust Company and as a board member of the Structured Finance Association, the Forum of Executive Women, and the Delaware Business Roundtable.
  • Ms. Damon is expected to stand for re-election to the Board at the Company’s next Annual Meeting of Stockholders in May 2024.

Greenberg Traurig Adds Veteran Banking Attorney Mark D. Shaffer to its Financial Regulatory & Compliance Practice in New York

Retrieved on: 
火曜日, 1月 24, 2023

NEW YORK, Jan. 24, 2023 /PRNewswire-PRWeb/ -- Global law firm Greenberg Traurig, LLP expands its Financial Regulatory & Compliance capabilities with the addition of Mark D. Shaffer as a shareholder in the New York office. He joins from Bank of New York Mellon (BNYM) where he served as chief compliance officer of BNY Trust Company of Canada and BNY Mellon (Toronto Branch), and as a director in Asset Servicing, Digital, and Issuer Services (Corporate Trust and Depository Receipts) Compliance.

Key Points: 
  • Global law firm Greenberg Traurig, LLP expands its Financial Regulatory & Compliance capabilities with the addition of Mark D. Shaffer as a shareholder in the New York office.
  • NEW YORK, Jan. 24, 2023 /PRNewswire-PRWeb/ -- Global law firm Greenberg Traurig, LLP expands its Financial Regulatory & Compliance capabilities with the addition of Mark D. Shaffer as a shareholder in the New York office .
  • In addition, Shaffer assists financial institutions and associated employees respond to regulatory examinations, inquiries, and enforcement proceedings.
  • He will be a great addition to Greenberg Traurig's highly regarded and diversified financial regulatory practice in New York and around the globe," said William B. Mack , co-chair of the firm's Financial Regulatory and Compliance Practice.

Odyssey Trust Company, the First Female-Founded Federal Financial Institution Plans to Enter Ontario to Offer Transfer Agent and Trust Services

Retrieved on: 
木曜日, 11月 17, 2022

This move is expected to shake up the Canadian transfer agent and trust services market, controlled, until today, by only two other providers.

Key Points: 
  • This move is expected to shake up the Canadian transfer agent and trust services market, controlled, until today, by only two other providers.
  • "We are proud to operate as a Federal trust company and expand our full line of services into Ontario.
  • Corporate Trust provides trust services for a variety of engagements, including escrow agent (cash or shares), subscription receipt agent, warrant agent, debt trustee (unsecured and secured) and collateral agent trustee.
  • Odyssey is an independent trust and transfer agent with offices in Calgary, Vancouver and Toronto, co-agents in Minneapolis, MN (Odyssey Transfer US Inc.), London (UK), Hong Kong and Australia.

Experience. Strategy. Service. Ryan Sladek Joins Regions Bank’s Institutional Services Division

Retrieved on: 
木曜日, 8月 25, 2022

Regions Bank on Thursday announced Ryan Sladek has joined the companys Institutional Services division and will lead a team of strategists to deliver customized investment services for corporations, businesses, nonprofits, municipalities, and more.

Key Points: 
  • Regions Bank on Thursday announced Ryan Sladek has joined the companys Institutional Services division and will lead a team of strategists to deliver customized investment services for corporations, businesses, nonprofits, municipalities, and more.
  • (Photo: Business Wire)
    As Head of Sales, Sladek will report directly to Julz Burgess, Head of Institutional Services and Corporate Trust within Regions Wealth Management division.
  • Regions Institutional Services combines a relationship-driven business model with the strength and resources of a Fortune 500 financial services firm.
  • Regions Institutional Services takes a consultative approach to providing comprehensive solutions to meet the various investment management needs of institutional clients.

Trustmark Completes Sale of Corporate Trust Business to The Peoples Bank, Biloxi, Mississippi

Retrieved on: 
月曜日, 8月 15, 2022

Trustmark National Bank (Trustmark), a wholly-owned subsidiary of Trustmark Corporation (NASDAQGS: TRMK), and The Peoples Bank, whose parent company is Peoples Financial Corporation (OTCQX Best Market: PFBX) are pleased to announce that the two companies have completed the sale of substantially all the assets of Trustmarks Corporate Trust business to The Peoples Bank.

Key Points: 
  • Trustmark National Bank (Trustmark), a wholly-owned subsidiary of Trustmark Corporation (NASDAQGS: TRMK), and The Peoples Bank, whose parent company is Peoples Financial Corporation (OTCQX Best Market: PFBX) are pleased to announce that the two companies have completed the sale of substantially all the assets of Trustmarks Corporate Trust business to The Peoples Bank.
  • View the full release here: https://www.businesswire.com/news/home/20220815005109/en/
    Trustmarks Corporate Trust business has been focused on providing a wide variety of trust and agency services in connection with debt securities issued by public corporations and government entities.
  • The seamless transition process of the Corporate Trust business portfolio to The Peoples Bank has underscored our confidence that this transaction will be positive for the Corporate Trust customers.
  • The Peoples Bank is a wholly-owned subsidiary of Peoples Financial Corporation, listed on the OTCQX Best Market under the symbol PFBX.