Lorum Files for U.S. National Trust Bank Charter to Return Clearing and Custody to a Fiduciary Model
The correspondent institution built on 100% reserves is bringing direct USD clearing infrastructure to the financial platforms the major banks no longer serve Lorum, the specialist correspondent institution serving financial institutions globally, today announced it has filed an application with the U.S. Office of the Comptroller of the Currency (OCC) for a national trust bank…









