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Article: US Bank to acquire AmeriServ's Corporate Trust Bond Administration business.
- Article from:
- Global Banking News (GBN)
- Article date:
- April 9, 2009
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Global Banking News-9 April 2009-US Bank to acquire AmeriServ's Corporate Trust Bond Administration business(C)2009 ENPublishing - http://www.enpublishing.co.uk
Global Banking News - 09 April 2009(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk
US Bancorp (NYSE: USB) has said that its lead bank, US Bank NA, has reached agreement to acquire the corporate trust bond administration business of AmeriServ Financial Inc (NASDAQ: ASRV).
'This acquisition exemplifies US Bank's ongoing commitment to continued strategic business investments during these difficult economic times. The acquisition complements the existing US Bank ...