Trust continues to be a robust business at U.S. banks, spurred by an enduring bull market and consolidation among some of the players.

An annual American Banker survey found that the 50 biggest banks in the field ratcheted up the amount of trust assets they manage by 21.6%, to $4.4 trillion last year, keeping close pace with the 22% gain of 1997. (See tables beginning on page 10.)

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