Trust & Custody Services Bank, Ltd. (資産管理サービス信託銀行株式会社, Shisan Kanri Service Shintaku Ginko Kabushiki Gaisha) is a Japanese bank that provides asset administration for banks and insurance companies. it had 50 trillion yen in capital.[1] In July 2020 Trust & Custody Services Bank merged with the Japan Trustee Services Bank to form Custody Bank of Japan.
History
The company was established in January 2001[2] through an accord of Mizuho Trust & Banking Co,. Ltd., The Dai-Ichi Kangyo Bank, Ltd., The Fuji Bank, Ltd., The Industrial Bank of Japan, Ltd., Asahi Mutual Life Insurance Company, The Dai-ichi Mutual Life Insurance Company, Fukoku Mutual Life Insurance Company, and Yasuda Mutual Life Insurance Company.[3] By 2006 the bank had about $900 billion in assets under management.[4]
External links
- Trust & Custody Services Bank, Ltd. (in Japanese)
References
- Trust & Custody Services Bank. 2017 Annual Report retrieved 2017-11-07^
- Ulrike Schaede. Competition for corporate control 2006^
- Trust & Custody Services Bank Ltd - Company Profile and News Bloomberg News