Bank of New York Mellon
Bank of New York Mellon was recognized for its innovation and its global footprint in trustee services. The firm is a league table giant in asset-backed securities, collateralized debt obligations, mortgage-backed securities and international structured finance. Market participants lauded the firm for its continuous commitment to the industry and its client-focused approach to the business which, in the words of one industry player, "consistently exceeds client expectations." The firm also received accolades for its capabilities in handling complex deals.
Deutsche Bank
Deutsche Bank won plaudits for being a global leader across asset classes. Market participants gave the firm kudos for its efficiency in providing detailed loan-level information and noted the firm's reliability in consistently delivering "excellent service and accuracy of information." The firm was also recognized for its global reach and innovation.
U.S. Bank
U.S. Bank was recognized for its "superior services" and "hands-on" approach to complex structured transactions. The firm was noted for being one of the largest and fastest growing trustees in the industry and for its diversity in asset classes, including residential and commercial mortgage loans, auto loans, credit card receivables and trade receivables.
LaSalle Bank
La Salle was cited as providing premier trust services and noted especially for its efficiency in high-grade collateralized debt obligation transactions. The bank was recognized for its experience and "willingness to go the extra mile." Its delivery of multi-faceted solutions to a varied clientele and innovative approach to complex transactions were also recognized.