Walker, Susanne
December 2004
Bond Buyer;12/21/2004, Vol. 350 Issue 32034, p6
Trade Publication
The article reports that Union Bank of California had opened a full-service trust office in New York City. At the same time, the firm announced it acquired substantially all of the trust accounts from Bank of Tokyo-Mitsubishi Trust Co., including accounts representing $13.9 billion in assets under administration, which include municipal bonds. Union Bank's services now include trustee, administrative agent, escrow, project finance, and paying-agent services. Corporate trust services will be managed by Vicki Einick, senior vice president and head of corporate trust.


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