SAN FRANCISCO - Deutsche Bank Monday announced a new regional public finance trust office in Orange County, Calif.
The Santa Ana office is headed the newly hired Jane Snyder, a vice president responsible for client relationship management and business development.
Snyder, described as a 15-year veteran of the trust business, was previously with the Orange County government, responsible for administrative management of its executive office for public finance. Prior to that, she worked in trust administration with Bank of New York Mellon.
The Santa Ana office is Deutsche Bank's ninth regional public finance trust office, and its third in California.
"Deutsche Bank's focus on providing localized traditional bond trustee and agency administration services complements the range of products the bank already provides to debt issuers across the country," Steven Eason, head of Deutsche's U.S. public finance trust services, said in a statement.
Through the first week of November, Deutsche Bank was the fourth-ranked bond trustee by volume nationally, and fifth in California, according to Thomson Reuters data.