The Sumitomo Trust and Banking Company, Limited engages in the trust banking, leasing, and financial-related business. The companys retail financial products and services include deposits, foreign currency deposits, loans, mutual funds, and annuities, as well as trust management services consisting of will trusts and estate settlement services. Its wholesale financial services provide corporate clients with market-based loans financing, including real estate non-recourse loans, asset-backed securities, and bilateral corporate loans, as well as offers asset securitization arrangements, merger and acquisition advisory, corporate consulting, and stock transfer agency. The companys real estate services include real estate transaction services, such as real estate brokerage, securitization, and consulting; real estate investment management, including REIT and real estate private fund investment; and real estate infrastructure services, such as real estate trust and appraisal operations. Its fiduciary services comprise pension system planning, asset management, and pension subscriber/ beneficiary management; investment management, including development of investment products, due diligence and provision of outsourced products, investment advisory services, and discretionary investment management services; and securities processing comprising trade settlement, interest and dividend collection, and other processing of securities, as well as securities lending. The company also engages in proprietary investment activities and market-making operations. As of September 30, 2010, it operated 55 branch offices, 12 satellite offices, and 4 representative offices. The company has operations in Asia, Japan, the Americas, Europe, and Oceania. The company was formerly known as Fuji Trust & Banking Co., Ltd. and changed its name to The Sumitomo Trust and Banking Company, Limited in 1952. The Sumitomo Trust and Banking Company was founded in 1925 and is headquartered in Osaka, Japan.