Reich & Tang

R&T is a registered service mark of Reich & Tang Deposit Networks, LLC and offers deposit and liquidity solutions to financial intermediaries around the country. Through its Demand Deposit Marketplace program, R&T provides banks with access to billions in reciprocal deposits, and underlying customers with access to high levels of FDIC insurance thr... ough participating banks. R&T is the trusted vendor of large broker dealers and other financial institutions that administers their insured cash sweep programs. The firm is focused on providing unmatched client service by creating, improving, and delivering smarter ideas to help banks, brokerages, trust/wealth managers, RIAs, and public and private sector companies maximize the value of their deposit, liquidity, and short-term investment programs. In March 2022, R&T and Total Bank Solutions (TBS) entered into a definitive agreement to combine both companies. The combined company will have total of assets under supervision of more than $220 Billion. The transaction is expected to close by May 2022.Read More