Mellon Bank Corp. has agreed to buy the corporate trust business of Keystone Financial Inc. for an undisclosed amount.

Mellon, already a leader in municipal and corporate trust services, said the deal will give it another 250 accounts with $3 billion in outstanding principal.

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.