The Bank of New York announced today that it was ranked the leading overall corporate trustee in the US for the first nine months of 2002 by Thomson Financial, the securities industry statistics collation firm.
Thomson Financial’s domestic debt issuance and market share statistics for the first nine months of 2002 confirmed The Bank of New York’s first place overall trustee ranking for the corporate trust markets. The bank amassed 1,034 issues and over $197 billion in principal amount of bonds issued.
ark F. Ferraris, senior vice president and division head for corporate trust services at The Bank of New York, issued the following statement: “We are delighted with the leadership position that we hold for the first nine months of 2002. We remain fully committed to providing all our clients with the very best trust services in the industry. We believe that these results are an excellent barometer of the Bank’s unsurpassed commitment.”