Business Wire (Free subscription) | 11/11/2009
WILMINGTON, Del.--(BUSINESS WIRE)--Wilmington Trust (NYSE: WL), a leading provider of institutional trustee, agency, and administrative services through its Corporate Client Services (CCS) business, announced that it has hired corporate trust professionals Douglas Lavelle and Thomas Mackay to support the global expansion of its capital markets services. Wilmington...
Miami Herald (Free subscription) | 11/04/2009
Wilmington Trust Corp. said Wednesday it has not loaned money to CIT Group Inc. and therefore is not a creditor in the commercial lender's bankruptcy.
Seattle Times (Free subscription) | 11/04/2009
Wilmington Trust Corp. said Wednesday it has not loaned money to CIT Group Inc. and therefore is not a creditor in the commercial lender's bankruptcy.
Seattle Post-Intelligencer (Free subscription) | 11/04/2009
WILMINGTON, Del. -- Wilmington Trust Corp. said Wednesday it has not loaned money to CIT Group Inc. and therefore is not a creditor in the commercial lender's bankruptcy.
Business Wire (Free subscription) | 11/04/2009
WILMINGTON, Del.--(BUSINESS WIRE)--Wilmington Trust, a leading provider of institutional trustee, agency, and administrative services through its Corporate Client Services (CCS) business, said today that it is serving as trustee for certain equipment financing transactions involving CIT Group Inc. (CIT), which filed for Chapter 11 protection on Sunday, November 1, 2009 in the United...
Business Wire (Free subscription) | 11/03/2009
WILMINGTON, Del.--(BUSINESS WIRE)--Wilmington Trust, a leading provider of institutional trustee, agency, and administrative services through its Corporate Client Services (CCS) business, said today that it has been appointed by the United States Trustee to serve as a member of the unsecured creditors’ committee in the bankruptcy of Capmark Financial Group Inc., which...
Business Wire (Free subscription) | 11/02/2009
WILMINGTON, Del.--(BUSINESS WIRE)--Wilmington Trust, one of the nation’s leading wealth management firms, announced that Linda L. Bourn has been hired as a managing director in its Wealth Advisory Services (WAS) business to serve the company’s ultra-high-net-worth and family office clients. Wilmington Trust’s family office services comprise financial...
Business Wire (Free subscription) | 10/28/2009
WILMINGTON, Del.--(BUSINESS WIRE)--Wilmington Trust Corporation (NYSE: WL) announced today that The Honorable Louis J. Freeh has been elected to its Board of Directors. Mr. Freeh, 59, is founder and senior managing partner of Freeh Group International, LLC, a global risk management consulting firm based in Wilmington, Delaware, and its affiliated law firm, Freeh Sporkin...
Business Wire (Free subscription) | 10/23/2009
WILMINGTON, Del.--(BUSINESS WIRE)--Wilmington Trust Corporation (NYSE:WL) reported a loss of $5.9 million, or $0.15 per diluted common share, for the third quarter of 2009. Earnings for the quarter were offset by $38.1 million of losses on securities in the company’s investment portfolio. On an after-tax basis, these securities losses reduced net income by approximately $23.6...
Reuters UK (Free subscription) | 10/23/2009
| | [] [] * Q3 oper profit $0.19 vs est $0.07 * Q3 net loss $0.15/shrOct 23 (Reuters) - Wilmington Trust Corp (WL.N: , , ) posted a quarterly operating profit that beat analysts' estimates, helped by a 28 percent jump in corporate client services revenue.However, securities losses led the company to post a net loss $5.9 million, or 15 cents a share for the third quarter. This compared...
Phillydeals (Free subscription) | 11/05/2009
Seven cleaners for Optima Cleaning Services Inc.who worked at Wilmington Trust Corp. headquarters have been awarded a total of $24,000 in back wages to settle a complaint that Optima fired them for trying to organize a union.
Market Wire (Free subscription) | 11/03/2009
NEW DELHI, INDIA (MARKET WIRE) Analyst Choice has combined some of the best financial and technical minds worldwide to bring you an array of free quality equity research and reporting. Today we have begun in-depth reporting on our website evaluating the current market condition of Exxon Mobil Corp. (NYSE: XOM), SCANA Corp. (NYSE: SCG), Forest Laboratories Inc. (NYSE: FRX), Wilmington Trust...
Business Wire (Free subscription) | 10/28/2009
... terms and conditions of the tender offer, and based on the information provided to Headwaters by Wilmington Trust FSB, th
Black Listed News (Free subscription) | 10/27/2009
The three biggest are Citibank NA, as administrative agent under the $5.5 billion credit agreement, with a claim of $4.6 billion; Deutsche Bank Trust Co. Americas, as trustee for the 5.875 percent senior notes and the floating senior notes due 2010, with claims of $1.2 billion and $637.5 million, respectively; and Wilmington Trust FSB, as successor trustee for the 6.3 percent senior...
The Earth Times Online Newspaper (Free subscription) | 10/26/2009
... documents. The three biggest are Citibank NA, with a claim of 4.6 billion dollars; Deutsche Bank Trust Co. Americas, with claims of about 1.8 billion dollars; and Wilmington Trust FSB, with a claim of 500 million dollars, according to court papers. US commercial property values have shed about 41 per cent since 2007 amidst the recession.
