NEW YORK - Mellon Bank Corp. of Pittsburgh and State Street Boston Corp. said they recently completed acquisitions of corporate trust businesses.

Mellon acquired the corporate trust unit of CoreStates Financial Corp., Philadelphia, and State Street bought the corporate trust unit of its local rival, Bank of Boston Corp.

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.