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Announced

Argent Institutional Trust Company to acquire the corporate trust and institutional custody business from Huntington.

Synopsis

Argent Institutional Trust Company, a financial institution, agreed to acquire the corporate trust and institutional custody business from Huntington, an American bank holding company. Financial terms were not disclosed. "This acquisition aligns with our long-term growth strategy and commitment to delivering high-quality, customized trust and agency solutions. We are excited to welcome Huntington's talented team and their clients to AITC. This addition enhances our scale, expertise, and the depth of service we can offer to our institutional partners across the country," Anthony (Tony) Guthrie, AITC Chairman.

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