als ely ▁reported ▁that ▁the ▁Ast or ▁Trust ▁Company ▁was ▁mer ging ▁with ▁the ▁Jefferson ▁and ▁Century ▁B anks . ▁ ▁Sub sequ ent ▁mer gers ▁On ▁April ▁ 2 3 , ▁ 1 9 1 7 , ▁the ▁Ast or ▁Trust ▁Company ▁merged ▁with ▁Bank ers ▁Trust , ▁which ▁had ▁been ▁talked ▁of ▁for ▁some ▁time ▁as ▁both ▁banks ▁had ▁a ▁number ▁of ▁direct ors ▁in ▁common ▁( e . g . ▁S ew ard ▁Pro s ser ▁was ▁president ▁of ▁the ▁Bank ers ▁and ▁a ▁director ▁of ▁the ▁Ast or ▁and ▁Edmund ▁C . ▁Con verse ▁was ▁president ▁of ▁the ▁Ast or ▁and ▁a ▁director ▁of ▁the ▁Bank ers ). ▁The ▁Ast or ▁continued ▁" with ▁no ▁change ▁in ▁management , ▁as ▁the ▁u pt own ▁branch ▁of ▁the ▁Bank ers ▁Trust ▁Company ." ▁ ▁The ▁new ▁company ▁had ▁capital ▁of ▁$ 1 1 , 2 5 0 , 0 0 0 , ▁" und iv ided ▁profit ▁of ▁more ▁than ▁$ 5 , 0 0 0 , 0 0 0 ▁and ▁depos its ▁of ▁about ▁$ 3 0 0 , 0 0 0 , 0 0 0 ." ▁ ▁Bank ers ▁Trust ▁was ▁later ▁acquired ▁by ▁Alex . ▁Brown ▁& ▁S ons ▁in ▁ 1 9 9 7 , ▁however , ▁Deutsche ▁Bank ▁agreed ▁to ▁purchase ▁Bank ers ▁Trust ▁for ▁$ 1 0 . 1 ▁billion ▁in ▁November ▁ 1 9 9 8 . ▁ ▁Deutsche ▁Bank ▁sold ▁The ▁Trust ▁and ▁C ust ody ▁division ▁of ▁Bank ers ▁Trust ▁to