SRL for [promoted]: U.S. Trust , a 136 - year - old institution that is one of the earliest high - net worth banks in the U.S. , has faced intensifying competition from other firms that have established , and heavily [promoted] , private - banking businesses of their own .
ARG-0: other firms | R-ARG-0: that | ARG-M-MNR: heavily | ARG-1: private - banking businesses of their own