New ISSA Member – Sumitomo Mitsui Trust Bank (U.S.A.) Limited
ISSA is delighted to welcome Sumitomo Mitsui Trust Bank (U.S.A.) Limited, as a new member.
Sumitomo Mitsui Trust Bank (U.S.A.) Limited, (“SMTBUSA”), was originally established in 1987 as a New York State chartered trust and banking company, insured by the Federal Deposit Insurance Corporation. SMTBUSA is a wholly owned subsidiary of the Sumitomo Mitsui Trust Bank, Limited of Japan, which is one of Japan’s major trust banks. In May 2002, SMTBUSA relocated its office to New Jersey and became a New Jersey State chartered trust and banking company, insured by the Federal Deposit Insurance Corporation.
From a global custody services perspective, SMTBUSA has expanded its network to cover approximately 90 markets and focuses on providing value-added services both in English and Japanese, which include, but not limited, to corporate action events, market newsletters and reporting. Additionally, SMTBUSA began its securities lending services in the US fixed income market in 1988 and has since expanded to include non-US fixed income markets, as well as equity lending in over 20 major markets worldwide.
With its unique bilingual heritage and ownership by Sumitomo Mitsui Trust Bank, Limited, SMTBUSA is well positioned to provide Japanese language support alongside unparalleled customer service. Its commitment to client satisfaction while being committed to being socially conscious.