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.)

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.