MEDIUMVulnerability
Global
Zaria Systems applies for national trust charter
·Source: Finextra
Updated:
Executive Summary
Zaria Systems, Inc. (Zaria), which builds real-time infrastructure for mark-to-market credit and structured finance, today announced it has filed an application with the Office of the Comptroller of the Currency (OCC) to charter Zaria National Trust Bank (“ZNTB”), a special-purpose national bank that will limit its activities to the operations of a trust company and related activities.
Analysis
Zaria Systems, Inc. (Zaria), which builds real-time infrastructure for mark-to-market credit and structured finance, today announced it has filed an application with the Office of the Comptroller of the Currency (OCC) to charter Zaria National Trust Bank (“ZNTB”), a special-purpose national bank that will limit its activities to the operations of a trust company and related activities.