Recent News
February 07, 2020

Sharon L. Klein Named to Forbes Best-in-State Wealth Advisors 2020

Wilmington Trust today announced that Sharon L. Klein, President, Family Wealth, Eastern U.S. Region, has been named to the Forbes 2020 Best-In-State Wealth Advisors 2020 list, an annual designation that recognizes over 4,000 top advisors in the United States. Klein is featured on the list of the top 202 high net worth wealth advisors in New York City. (more)
December 19, 2019

Wilmington Trust Promotes Lauren Mance to Institutional Client Services Investment Leader

Wilmington Trust announced it has promoted Lauren Mance to the newly created position of Investment Leader for its Institutional Client Services (ICS) business. In this role, Mance will set and lead the investment strategy for the firm’s Global Capital Markets (GCM) and Retirement and Institutional Custody Services (RICS) segments. She will report to F. Jim Della Sala, Head of Strategy and Product Development. (more)
November 19, 2019

Wilmington Trust Expands Global Loan Agency Services Team with Two Key Hires

Wilmington Trust, part of the M&T Bank Family and a leader in corporate and institutional services, announced the expansion of its Loan Agency Services business, bringing on Medita Vucic as Head of U.S. Agency Loan Services and Antony Girling as Senior Relationship Manager in London. Vucic reports to Tim Mowdy, the firm’s Capital Markets Agency Services Leader in the U.S., while, Girling reports to Elaine Lockhart, European Product Leader for Loan Agency Services.

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November 15, 2019

Wilmington Trust 2020 Year-Ahead Vision: Capital Markets Forecast: Market Tug of War Predicts Global Investment Growth Will be Driven by Productivity Gains

Wilmington Trust today announced its 2020 Capital Markets Forecast, "Market Tug of War: The interplay of productivity, populism, and portfolios." The report finds that while reported productivity growth has been slow, it is expected to move higher, a trend that is providing support to long-term economic growth. However, productivity gains do not come without risk. As corporations reap the benefits of previous technology investments, including robotics, artificial intelligence and related technological advancements, a broader spectrum of jobs may become susceptible to automation and elimination of jobs, which will in turn continue to spur the resurgence in economic and political populism. (more)
November 07, 2019

Wilmington Trust Survey Reveals Vast Majority of Business Owners Unprepared to Sell Business or Transition, Even as Many Approach Retirement Age

A new survey from Wilmington Trust, in collaboration with experts from its parent company M&T Bank, finds that a clear majority (69%) of owners of privately held businesses are unprepared to transition or sell their business, even as Baby Boomers retire  and hundreds of thousands of businesses come to market over the next decade. The quarterly survey, Wilmington Trust Business Owners Outlook: Is Now the Time to Sell?, also shows that business owners feel invulnerable to looming risks such as political change in Washington, an economic downturn and intense competition for buyers and investors. (more)
October 31, 2019

Wilmington Trust Appoints Alex Pashley as New Head of Structured Finance in the UK

Wilmington Trust, a leader in corporate and institutional services, has appointed Alex Pashley as Head of Structured Finance in the UK. Based in the firm’s London office, he joins the Global Capital Markets European business, reporting to Alan Geraghty, Group Vice President and Head of European Operations.

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