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| | Trust - Wikipedia, the free encyclopedia |
 | | A trust company acts as a corporate trustee managing a trust for the benefit of the beneficiaries. | | | An investment trust is a company that invests in other companies or properties. | | | A trust company is a near-bank: a financial institution offering banking, investment and estate administration services. |
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http://en.wikipedia.org/wiki/Trust
(703 words)
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| | Investment trust - Wikipedia, the free encyclopedia |
| | Investment trusts are companies that invest in the shares of other companies. | | | In such cases, the investment trust is referred to as trading at a discount (or premium) to NAV (net asset value). | | | The investment trust sector, in particular split capital investment trusts suffered somewhat from around 2000 to 2003 when the creation of a compensation scheme resolved some problems. |
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http://en.wikipedia.org/wiki/Investment_trust
(302 words)
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| | Provisions relating to the formation of limited liability trust companies |
| | Trust companies which (a) do not receive deposits from the general public and (b) have been exempted by the banking board from the requirements of section thirty-two of this chapter, may be formed and operated as limited liability trust companies. | | | No limited liability trust company shall be authorized to exercise the powers set forth in this chapter or the limited liability company law unless its capital contributions amount to not less than the amounts prescribed by the superintendent. | | | Upon such a dissolution, the provisions of this chapter shall govern the winding up of the affairs of the limited liability trust company and the distribution of its assets. |
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http://www.banking.state.ny.us/ia15.htm
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| | Offshore Intelligence - British Virgin Islands |
| | Trust companies require a licence from the Financial Services Department under either the Banks and Trust Companies Act 1990 or the Company Management Act 1990. | | | The fee to incorporate a company with capital up to $50,000 is $300; for an IBC with capital of more than $50,000, the fee is $1,000. | | | Trusts are not subject to compulsory registration in the BVI, with no provisions to register. |
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http://www.marrache.com/offshore/bvi/page4.htm
(1039 words)
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| | Comments of The Association of Independent Trust Companies, Inc. on S7-12-01 |
| | It is interesting to note that banks and trust companies continue to be exempt from the requirements of the Investment Advisors Act of 1940 because of their regulation by a banking regulatory agency as a bank or trust company. | | | The "assets" of a trust company, such as a member of AITCO, are in almost all cases less than $100,000,000, as the entities do not make loans, the traditional "asset" of most true banks. | | | Again, while this may be appropriate for a true bank, it is not a workable exemption for trust companies which do not earn revenue from loan payments. |
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http://www.sec.gov/rules/final/s71201/blank1.htm
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| | Bermuda: Trust |
| | Trust companies in Bermuda are regulated by the Bermuda Monetary Authority and must be granted a trust license by the Minister of Finance after meeting rigid criteria which include minimum capitalization requirements, adequate professional insurance coverage, suitably qualified and skilled personnel and an approved auditor. | | | We can assist whether the company is registered as an Exempt company, local company or is incorporated in another jurisdiction but wishes to operate from Bermuda as a Permit company. | | | Following the introduction of the Trust Companies Act 1991 in Bermuda, Abacus was incorporated in 1992 in order to provide the benefits of continuity and additional security, flexibility and efficiency to its clients. |
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http://www.pwcglobal.com/Extweb/service.nsf/docid/B4AF054118E90A6785256D2D0043853F
(517 words)
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| | FFIEC: Trust Institutions Information |
| | Trust reporting is now a part of the bank's quarterly financial reporting requirement set forth by the FFIEC. | | | If the trust company is owned directly by a FDIC-insured bank, the subsidiary trust operation should be consolidated with the parent bank according to the consolidation requirements found on page 8 of the General Instructions of the Instructions for Preparation of Consolidated Reports of Condition and Income. | | | The Trust Institutions Search is a data base of both FDIC-insured and non-insured institutions with trust powers, including non-FDIC-insured trust companies which are not under the jurisdiction of the Federal Financial Institutions Examination Council (FFIEC) regulatory agencies. |
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http://www2.fdic.gov/structur/trust
(953 words)
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| | [No title] |
| | For investments in a nonfinancial company that is consolidated for accounting purposes, the institution's adjusted carrying value of the investment is determined under the equity method of accounting (net of any intangibles associated with the investment that are deducted from the institution's Tier 1 capital pursuant to Paragraph (C)(1)(e) of this Rule). | | | Even though the assets of the nonfinancial company are consolidated for accounting purposes, these assets (as well as the credit equivalent amounts of the company's off-balance sheet items) are excluded from the institution's risk-weighted assets. | | | A nonfinancial company is an entity that engages in any activity that has not been determined to be permissible for an institution to conduct directly or to be financial in nature or incidental to financial activities under section 4(k) of the Bank Holding Company Act. |
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http://www.dora.state.co.us/banking/rules®ulations/trustcompany/tcrulepkg.doc
(8540 words)
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| | The Bahamas Investment Authority / Incentives to Invest in The Bahamas |
| | The Bahamian trust is considered a private agreement between the parties concerned, therefore, registration with a government agency is not required. | | | Once the trust is set up, the annual trustee fee can either be based on a flat fee or on a percentage of the assets. | | | Some institutions have standard trust documents in which certain items, such as dispositive provisions, are included in one of the schedules. |
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http://www.geographia.com/bahamas/investment/trust01.htm
(845 words)
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| | RG 409.000 - Commissioner of Banks and Trust Companies |
| | The Commissioner of Banks and Trust Companies, appointed by the Governor, was established in 1965 to license, examine, and regulate state-chartered banks and trust companies (L. 1965, p. | | | Annual reports are of trust companies or banks having trust departments filed with the Auditor of Public Accounts (1890-1957), Department of Financial Institutions (1957-1965), and Commissioner of Banks and Trust Companies (1965-date). | | | The commissioner also serves as chairman of the eleven-member Board of Banks and Trust Companies which makes, alters, and amends rules and regulations proposed by the commissioner, requires reports from and makes recommendations to the commissioner, and submits proposals for amendments to the Illinois Banking Act. |
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http://www.sos.state.il.us/departments/archives/di/409__002.htm
(449 words)
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| | Trust Resource Company - Trust and Asset Management - Financial Advisors |
| | Our totally unbiased and independent services are exclusively dedicated to the trust and asset management sector of the financial services industry. | | | We would be pleased to be of assistance as you contemplate the role trust and asset management services might play at your institution and assist existing service providers refine their existing strategies. | | | These services are available to both those institutions contemplating the trust and asset management sector as well as those already providing these services. |
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http://www.trustinfo.com
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| | 1Monitoring Credit Unions and Trust Companies in BC |
| | Trust companies are distinguished from banks in that they offer trust management services to their customers. | | | Banks are regulated by a federal government agency, credit unions are regulated by the provinces, and trust companies are regulated by both the federal government and the provinces, depending upon in which jurisdiction they are incorporated. | | | In addition, we did not examine the regulation of insurance companies under the Financial Institutions Act because the nature of these companies is different from credit unions and trust companies. |
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http://bcauditor.com/PUBS/2000-01/Report5/sec1.htm
(2555 words)
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| | webservices.xml.com: Trust Networks in a Web Services World |
| | Trust between certificate holders and relying parties is made possible by the potentially long chain of other trust relationships that exist between the two fundamental entities and their associated CAs. | | | Since an entity, in trusting an authority, will consequently assign trust to other entities certified by that authority, the trust that an entity has in an authority will be based on its expectation that the authority will only place its own trust in valid entities. | | | Based on the trust that a company places in the STS, it may choose to extend trust to another company in which the STS places its confidence. |
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http://webservices.xml.com/pub/a/ws/2004/05/26/trust.html
(2247 words)
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| | TITLE 13: CHAPTER 5 - TRUST COMPANIES |
| | All trust companies shall file with the commissioner the Federal Financial Institutions Examination Council Annual Report of trust assets for the company and an annual report of the financial condition of the company; | | | (a) Every trust company shall keep all trust funds and investments separate and apart from the assets of the company and all investments made by the company as a fiduciary shall be designated so that the trust or estate to which such investments belong may be clearly identified. | | | The expense of the receivership shall be paid out of the assets of the trust company. |
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http://legisweb.state.wy.us/statutes/titles/title13/chapter05.htm
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| | Rebuilding Employee Trust |
| | High-trust companies do a good job of communicating the company’s business goals and explaining to employees what their role is in achieving those goals. | | | Over the last few years, companies have realized that many if not most employees are unaware of the value of their benefits package. | | | Companies with high trust levels give employees unvarnished information about company performance; explain the rationale behind management and HR decisions (such as compensation and promotion); and encourage employee involvement and information-sharing. |
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http://www.workforce.com/section/09/feature/23/33/47
(2689 words)
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| | Trust Companies |
| | They are created by a settler (generally the client) by transferring assets to a trustee under a contract (Trust Deed) that sets out the responsibility of the trustee in respect of those assets and any further assets that may in the future be settled on the trust. | | | In such cases the bequeathed assets are left to a trustee to administer those assets for the benefit of the named beneficiaries. | | | It will have experienced trust officers in its employ who administer estates and living (inter-vivos) trusts such as family trusts set up to shelter family assets and administer the transfer and beneficial interests in those assets. |
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http://www.financial.com.vu/pitco/trust.htm
(480 words)
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| | banking - Columbia Encyclopedia® article about banking |
| | Commercial banks, which include national- and state-chartered banks, trust companies, stock savings banks, and industrial banks, have traditionally rendered a wide range of services in addition to their primary functions of making loans and investments and handling demand as well as savings and other time deposits. | | | Savings and loan associations, which are state institutions, provide home-building loans to their members out of funds obtained from savings deposits and from the sale of shares to members. | | | , mortgage companies, finance companies, insurance companies, credit agencies owned in whole or in part by the federal government, credit unions, brokers and dealers in securities, and investment bankers. |
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http://columbia.thefreedictionary.com/banking
(2431 words)
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| | Raymond James Trust Companies |
| | Trust services can provide the support many investors require when it comes to providing for their own needs, or the needs of their loved ones, and passing their estates on to their heirs. | | | Protecting it so that it can meet your needs and then be passed on to your heirs is quite another. |
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http://www.raymondjames.com/trust
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| | Northern Trust Provides Operations Services For Banks, Trust Companies And Other Financial Institutions |
| | The Northern Trust Company (www.northerntrust.com) is the principal subsidiary of Northern Trust Corporation (NASDAQ: NTRS), a multi-bank holding company with worldwide locations, and is a leading provider of treasury management, master trust and custody, retirement, risk and performance, international and investment management services for corporations, large institutions, and individuals. | | | As of December 31, 2002, Northern Trust had $1.5 trillion in assets under administration and over $302 billion in assets under management. | | | Retaining Northern Trust to provide operations services was predicated on the Northern’s strong reputation as well as the company’s Trust/Rite system being the best choice to support these two important customers front-end businesses. |
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http://www.ntrs.com/aboutus/news/030127.html
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| | The International Tax Planning Association Library - Canadian Transnational Trust Companies - Richard Hay |
| | The company facilitates transnational operations for a trustee with limited connections to a number of different jurisdictions (i.e., incorporation in Canada, administration in an offshore centre and directors' meeting held anywhere outside of Canada). | | | The traditional alternatives, (i) moving the trust itself (through use of a flee clause), (ii) moving the trust company or (iii) pouring the assets from one structure to another, are all much more complex transactions. | | | The Canadian transnational trust company was originally intended to provide protection from the risk of adverse changes in the laws of an offshore centre, so the concept was designed to address the risks contemplated in this article. |
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http://www.itpa.org/open/archive/haytransnational.html
(391 words)
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| | TRUST COMPANIES |
| | A snap analysis by Personal Finance shows that the company with which the Saccawu Fund placed the children’s money in trust is one of the most expensive. | | | Trustees should consider all the costs charged by a trust company. | | | Syfrets Trust charges R2 918.40 in the first year to manage assets of about R60 000. |
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http://www.persfin.co.za/html/persfin/trustcompanies_table.html
(193 words)
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| | Harris Interactive The Harris Poll - Why Some Companies Are Trusted and Others Are Not |
| | This includes knowledge of the company's management and leadership, and the position that a company may take on an important issue, such as the environment, or health and safety legislation. | | | One, "deference," is generic; people with high levels of deference (e.g., they trust most companies to do the right thing when faced with a crisis, or they believe that most companies are "honest and truthful") tend to trust all companies more. | | | In analyzing the data we found that there were five different types, or dimensions, of trust: "personal experience," "organizational knowledge" (of the company), "deference" (or the trust people have in companies generally), "reference" (what one learns about a company from others), and "glitz" (or advertising, packaging and high pricing). |
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http://www.harrisinteractive.com/harris_poll/index.asp?PID=237
(1276 words)
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| | Investment Trust |
| | With its emphasis on stock picking, this small companies fund trades at a discount in the mid-teens and is benefiting from exposure to certain, well placed sectors. | | | Investment trusts had a better year in 2004 according to figures released from the Association of Investment Trust Companies with returns up and discounts down. | | | This is the largest investment trust investing in only small cap companies and it trades on a smaller discount than its peers. |
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http://miranda.hemscott.com/itrusts/itrusts.jsp
(1669 words)
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| | Private Trust Companies |
| | The administration, investment management services or investment advice required in connection with the trusts is outsourced to licenced service providers. | | | The family owned PTC will be more comfortable for underlying trusts to hold higher risk assets such as trading companies or than a third party trustee would be. | | | The administration of the PTC will have to be delegated to a Licenced Management Company. |
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http://www.msi-network.com/content/cmsdoc55.asp
(435 words)
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| | Hand Benefits & Trust, Inc. - Employee Benefit Services - Investment Management |
| | and Benefits and Trust, Inc. is committed to providing the highest quality professional consulting and administrative services to clients throughout the country as they strive to provide their employees financial security through sound retirement planning. | | | The oldest in our family of companies, Hand and Associates brings experienced consulting, design and administrative services for retirement plans. | | | Our newest member in the Hand family, Hand Securities, Inc. facilitates trading for employer-sponsored retirement plans, self-directed 401(k) and individual brokerage accounts, and tax-advantaged investment products such as IRAs, Rollovers and the 529 Education-Savings Plan. |
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http://www.handgroup.com
(162 words)
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| | Asset protection - Offshore Trust Companies. |
| | The Deed of Trust prescribes situations when the Trustee must obtain consent of the Protector for certain operations with the Trust assets. | | | the trust assets often must not include any movable or immovable property situated in the jurisdiction | | | Beneficiary: is entitled to benefit under the Trust. |
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http://www.offshore-formation.com/trusts.html
(702 words)
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| | Henley & Partners - Jersey, Channel Islands, Jersey trusts, corporate services, company incorporations, Jersey ... |
| | The specialised services of H and P Trust Company Ltd. are a resource and complement to private bankers, family offices, lawyers, tax consultants, financial advisors and other professionals serving private clients. | | | We can help other firms and their clients with the unique and specific expertise required in international trust and company administration. | | | Supervision is implemented by the Jersey Financial Services Commission which exerts close control over all financial institutions and trust companies. |
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http://www.henleyglobal.com/jersey.htm
(657 words)
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| | CORIATS Trust Company Library |
| | Companies Fact Sheet, a summary of the provisions in TCI which affect the formation and administration of companies (for comparison with other jurisdictions); and | | | The page lists links to various online resources which may be of use to those involved in the trust industry. | | | CORIATS Brochure, describing the principal activities of the Trust Company; |
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http://www.coriats.com/library.htm
(348 words)
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| | OSCN Found Document:Effect on Existing Banks and Trust Companies |
| | All such state banks and trust companies, and, to the extent applicable, all national banks now or hereafter doing business in this state, shall from August 31, 1965, be subject to the provisions and requirements of this Code in every particular as if organized under this act. | | | Bank or trust-related activities include receiving deposits, transaction accounts, making loans, issuing debentures or other evidence of debt, holding funds or other property in trust, acting in a fiduciary capacity, or conducting in any other manner banking, or bank or trust-related activities. | | | Section 104 - Effect on Existing Banks and Trust Companies |
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http://www.oscn.net/applications/oscn/DeliverDocument.asp?citeID=76811
(199 words)
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| | WebWire® The Whittier Trust Company of Nevada, Inc. (WTCN) Celebrates 10th Anniversary |
| | The Nevada trust company also offers our qualified clients the added benefit of a state income tax favorable status. | | | These services include a uniquely comprehensive and coordinated approach to disciplines that will protect wealth, create asset growth, and provide an orderly transition of assets to future generations. | | | Ramsey added, “We earn our client’s trust professionally by delivering a comprehensive suite of premier wealth management services with the highest regard for confidentiality.” |
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http://www.webwire.com/ViewPressRel.asp?aId=2978
(460 words)
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| | Central Insurance Companies Educational Trust |
| | The Central Insurance Companies Educational Trust provides up to $5,000 to each student, which may be used toward tuition, books, other related school fees, and room and board. | | | The Central Insurance Companies Educational Trust was created to reward and support graduates who may eventually seek careers in the property and casualty insurance industry. | | | It is an annual scholarship that may be renewed up to three additional years. |
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http://www.central-insurance.com/docs/edutrust_main.htm
(182 words)
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| | OCIS |
| | Purchase of Assets of State Trust Company or Trust-Related Assets | | | Removal of Officer, Director or Employee of Bank or Trust Company by Commissioner | | | Trust Department Kept Separate - Marking and Labeling Securities - Prohibited Operations of Banks Having Trust Powers |
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http://www.oscn.net/applications/oscn/index.asp?ftdb=STOKST06&level=1
(1381 words)
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| | NEVADA ADMINISTRATIVE CODE: TRUST COMPANIES |
| | The commissioner will bill each trust company upon the completion of the activity for the fee established in subsection 1. | | | The commissioner of financial institutions will charge and collect a fee of $60 per hour from each trust company for any supervision, examination, audit, investigation or hearing conducted pursuant to chapter 669 of NRS. | | | Failure of a trust company to pay the fee required in subsection 1 as provided in this section constitutes grounds for revocation of its license. |
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http://www.leg.state.nv.us/NAC/NAC-669.html
(220 words)
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| | CAYMAN TRUST COMPANIES |
| | Private Banking, Multi-Currency Accounts, Trust Administration, Mutual and Pension Fund Administration, Company Formation and Management, Investment Management, Alexandria Mutual Funds, - International family of equity and money market funds, Subsidiaries in Tortola, St Thomas and Curacao. | | | Partners: Paul Harris, F.C.A., Clive Harris, A.C.A. Representing Moores Rowland International, IA International and BKR International the firm provides professionally qualified personal trustees to Cayman registered trusts and provides consultancy services worldwide with access to over 350 offices in 80 countries. | | | P.O. Box 513, George Town, Grand Cayman, Cayman islands, B.W.I. British American Towel,,Dr. Roy's Drive Fax: 809-94(3-7959 Contact: Alien J. Bernardo--Deputy Manager, Corporate Trust Services Services: Global custody, corporate secretarial, accounting/valuation and registar for over 400 mutual Funds exceeding US$40 billion in total assets. |
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http://www.webcom.com/~offshore/trust.html
(304 words)
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| | aitc.co.uk - the Association of Investment Trust Companies (AITC) |
| | In its pre-budget submission, the AITC has reiterated its call for a fair tax regime on bond fund income in the next Finance Bill. | | | Our Monthly Information Service (MIS) is an interactive database of comparable monthly data on all member trusts. | | | Investment Trust: Looking for value in capital shares |
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http://www.aitc.co.uk
(170 words)
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| | The Bahamas Investment Authority / Incentives to Invest in The Bahamas |
| | Over 60% (246) of all the banks licensed within The Bahamas, offer trust services in addition to their regular banking operations. | | | The banking community of The Bahamas is well supervised by The Central Bank of The Bahamas, which maintains a regulatory environment conducive to investment opportunities, while ensuring the highest standards of operations and conduct, as developed by the Basle Committee on Banking Supervision. | | | The Hong Kong and Shanghai Banking Corp.Ltd. (B) |
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http://www.geographia.com/bahamas/investment/bankng01.htm
(726 words)
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| | !Largest Directory of Credit Cards --Many with Same Day Approvals! |
| | The best part of this website is that it is “One Stop” shop —an encyclopedia of credit cards for all credit card issuing companies, Banks, Trust Companies, Stores, Airlines, Professional Associations, Groups, and other Institutions. | | | Many credit card companies accessible from our website will approve your card within hours of you submitting your application. | | | We hope you will find the information useful and it will help you to get a credit card that meets your personal, business, financial and credit requirements. |
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http://www.securedvisa.info
(315 words)
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| | Australian Shelf Companies - Australian Trust Deeds - Formations |
| | 'The Company People' was founded in 1975 and has, for nearly 30 years, provided quality corporate formation and documentation services to Solicitors, Accountants, Business Consultants and the General Public. | | | Various procedures including Registration, Product Ordering and viewing of various pages will not be possible with Javascript Off. | | | Australian Shelf Companies - Australian Trust Deeds - Formations |
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http://www.companyp.com.au
(166 words)
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| | Georgia Department of Banking & Finance |
| | The Department regulates Banks, Credit Unions, Trust Companies, Holding Companies, International Banks and Representative Offices of Banks, Check Cashers and Sellers, Money Transmitters, Mortgage Licensees and Registrants and other companies engaged in or related to the financial services industry. | | | Select one of the links below to access listings of these institutions. |
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http://www.ganet.org/dbf/regulated_institutions.html
(105 words)
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| | The Collins Companies: Climate Trust News Release |
| | " We are excited to be working with a progressive Oregon-based timber company to promote environmentally sustainable business practices that utilize energy efficient technologies” said Bill Edmonds, Board Chair of The Climate Trust. | | | Oregon non-profit purchases carbon dioxide offsets from first forest products company. | | | The Climate Trust has put five other offset projects under contract with over $5 million in funding provided by new power plants owned or operated by Calpine Corporation, Avista Corporation, PacifiCorp Power Marketing, Inc., and NW Natural. |
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http://www.collinswood.com/M4_MediaEvents/Resources/PRClimateTrust.html
(359 words)
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| | New World Trust : Home |
| | Operating in stable legal and political jurisdictions with internationally recognised professional standards, the New World Group designs, implements and administers creative solutions for its clients with offshore trusts, companies and funds. | | | Owned by the management and Chart Group International, New World offers truly independent fiduciary services. | | | Our aim is to provide a first class service moulded to the needs of the individual clients. |
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http://www.newworldtrust.com
(80 words)
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| | Directory of Trust Companies |
| | Contact - The initials in the contact column represent the Deputy, Assistant Deputy or Financial Institutions Manager whom are charged with the supervision of the listed licensee. | | | CI Farmers & Merchants Trust Company of Long Beach | | | Printing Tip: Set your left and right margins to.25 for best results. |
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http://www.dfi.ca.gov/directry/trust.asp
(140 words)
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| | New York Trust Co... |
| | View FREE full-text articles and FREE premium archive previews at HighBeam Research - Find, organize & share information from 1,000s of trusted business, trade, consumer & reference publications. | | | JoltSearch has results for new york trust co... | | | At eBay you can find practically anything, even new york trust co.... |
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http://www.newyorkweb.us/cgi-bin/search.cgi?keywords=New%20York%20Trust%20Co...
(118 words)
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| | TRUST COMPANIES |
| | Mercantile Trust and Savings Bank, 133 N 33rd, 223-7310 | | | State Street Bank and Trust Co, 801 State, Quincy 223-6480 | | | State Street Bank and Trust Co, Payson IL, 656-3244 |
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http://www.quincynet.com/analists/p1635.htm
(46 words)
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| | trust -- Britannica Student Encyclopedia |
| | This is a cotrusteeship under which the banks and the citizens administer endowment funds. | | | The organization was incorporated by the National Trust Act in 1907, and its powers and privileges were extended by acts of Parliament in 1919, 1937,... | | | It differs from the mutual fund, or unit trust, which issues units representing the diversified holdings rather than shares in the company itself. |
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http://www.britannica.com/ebi/article-9277438
(802 words)
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