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Trust/fiduciary Services

Author

Listed:
  • Türkben Pedük

    (Trakya University)

Abstract

Trust, a type of ownership and a management regime of as- sets, is an extremely flexible legal device in the century of material wealth management. Corporate fiduciaries like trust companies, trust departments of banks, and investment funds as trustees acquire fees and commissions due to their trust services, which create relationship-oriented and long-term oriented client base. Thus, trust services generate consistent revenues for financial institutions.

Suggested Citation

  • Türkben Pedük, 2009. "Trust/fiduciary Services," Journal of Finance Letters (Maliye ve Finans Yazıları), Maliye ve Finans Yazıları Yayıncılık Ltd. Şti., vol. 24(83), pages 131-139, April.
    • Handle: RePEc:acc:malfin:v:24:y:2009:i:83:p:131-139
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