Sumitomo Mitsui Trust Bank (U.S.A) Limited
BankingNew Jersey, United States51-200 Employees
Sumitomo Mitsui Trust Bank (U.S.A.) Limited is a mid-sized U.S. banking institution based in Hoboken, New Jersey. It operates as a wholly owned subsidiary of The Sumitomo Mitsui Trust Bank, Limited of Japan, a major Japanese trust bank. The company traces its origins to 1987, when it was established as a New York State-chartered trust and banking company insured by the FDIC. In 2002, SMTBUSA relocated its operations to New Jersey and became a New Jersey state-chartered trust and banking company, still FDIC insured. It provides global custody services and securities lending to support Japanese institutional investors, their overseas branches and affiliates, and the financial institutions handling their investments. The client base primarily comprises these institutions and the financial entities that manage their investments.
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