March 28, 2018 / 8:46 AM / a year ago

BRIEF-Sumitomo Mitsui Trust Holdings says integration of trust banks specializing in asset administration services

March 28 (Reuters) - Sumitomo Mitsui Trust Holdings Inc

* Says its unit Japan Trustee Services Bank, Ltd.(JTSB), which is also unit of Resona Holdings Inc, signed a business integration agreement with Trust & Custody Services Bank, Ltd.(TCSB), which is unit of Mizuho Financial Group Inc , to carry out a business integration through incorporating a holding company named JTC Holdings, Ltd. (JTC Holdings) by way of a joint share transfer and conducting an absorption-type merger of JTC Holdings, JTSB, and TCSB

* Incorporation date of JTC Holdings is Oct. 1

Source text in

Further company coverage: (Beijing Headline News)

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