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Stock impact report

Trustmark Completes Sale of Corporate Trust Business to The Peoples Bank, Biloxi, Mississippi

Trustmark Corporation (TRMK) 
Last trustmark corporation earnings: 4/28 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/100464
Company Research Source: Business Wire
JACKSON, Miss. & BILOXI, Miss.--(BUSINESS WIRE)--Trustmark National Bank (“Trustmark”), a wholly-owned subsidiary of Trustmark Corporation (NASDAQGS: TRMK), and The Peoples Bank, whose parent company is Peoples Financial Corporation (OTCQX Best Market: PFBX) are pleased to announce that the two companies have completed the sale of substantially all the assets of Trustmark’s Corporate Trust business to The Peoples Bank.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220815005109/en/Trustmark’s Corporate Trust business has been focused on providing a wide variety of trust and agency services in connection with debt securities issued by public corporations and government entities. Through this transaction, approximately 200 bond issues were transitioned to The Peoples Bank.“This transition supports our focus on strategic initiatives that will help our company grow, become more efficient and serve our customers with new and Show less Read more
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