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| December 19, 2019 |
Wilmington Trust Promotes Lauren Mance to Institutional Client Services Investment LeaderWilmington 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 HiresWilmington 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. (more) |
| 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 GainsWilmington 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 AgeA 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 UKWilmington 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. (more) |
| September 24, 2019 |
Wilmington Trust Launches New Brand, Wilmington Investment Management, To Expand Access to Proprietary Investment SolutionsWilmington Trust expands access to its proprietary investment management strategies to a broader set of channels enabling outside retail and institutional investors to benefit from our investment intelligence and high quality solutionsInaugural Investor Confidence Survey reveals heightened recession concerns among respondents s and increased demand for strategies that offer opportunities for growth with enhanced downside protection and low fees (more) |
| September 16, 2019 |
Wilmington Trust and Nasdaq Fund Network Provide First Publicly Searchable Ticker Symbols for Collective Investment Trusts (CITs)Nasdaq and Wilmington Trust announced the first-ever tickers for Collective Investment Trusts (“CITs”) on Nasdaq Fund Network (NFN). NFN is a global dissemination service whose mission is to bring greater retail investment transparency to the world’s financial markets. NFN and Wilmington Trust, a leader in institutional trust services, have collaborated to provide searchable tickers for more than 200 CITs. CITs are low-cost investment vehicles similar in structure to mutual funds, but available only to 401(k) and other qualified retirement plans. NFN now enables investors to easily access information on these low-cost investment funds with a standardized ticker for the first time. (more) |
| September 10, 2019 |
Wilmington Trust Collaborates with Federated Investors, Inc. To Offer Collectives Investment Trusts to Retirement PlansWilmington Trust announced today a collaboration with Federated Investors, Inc., to provide collective investment trusts (CIT) for defined contribution clients. This collaboration between Wilmington Trust and Federated will create seamless and efficient CIT onboarding implementation and maintenance processes for clients and plan sponsors. The collaboration allows Wilmington Trust to broaden its product spectrum by offering the Federated High Yield Bond Collective Investment Fund and the Federated Prime Cash Collective Investment Fund, which will be the first prime cash vehicle from Wilmington Trust.(more) |
| August 27, 2019 |
Wilmington Trust Appoints 12 Wealth Advisors and Strategists Across Core U.S. Markets as it Launches an Enhanced Operating ModelWilmington Trust announced today the appointment of 12 new wealth advisors and wealth strategists, across key U.S. markets including New York, Los Angeles, Florida, Baltimore, and Pennsylvania. These 12 senior executives join many more that were brought on within the past 18 months in its U.S. Markets, Family Wealth, Private Banking and Wealth Planning divisions, significantly increasing key client-facing staff since 2018. (more) |
| July 10, 2019 |
AllianceBernstein Partners with Wilmington Trust to Offer an Enhanced Collective Investment Trust Lineup to Plans of All SizesAllianceBernstein (AB), a global investment management firm, and Wilmington Trust, a leader in institutional trust services, today announced they will partner to provide collective investment trusts (CIT) for defined contribution clients, supported by outstanding administrative and custody services. (more) |
| June 27, 2019 |
Business Owners Reveal Strong Support for Trump Administration, but Majority Fear Recession and Trade Could Impact Success, New Study FindsOwners of privately held U.S. businesses strongly or somewhat support the Trump administration (59%) and are overwhelmingly optimistic (98%) about their ability to meet their personal financial goals in the coming years. (more) |
| May 09, 2019 |
Wilmington Trust Honored as ‘Securitization Trustee of the Year’ by GlobalCapitalWilmington Trust was recognized as the “Securitization Trustee of the Year” for 2019 by GlobalCapital at their annual US Securitization Awards ceremony held in New York on May 8. In 2017, Wilmington Trust was honored as “Overall Best Securitization Trustee of the Year” by GlobalCapital. (more) |
| May 01, 2019 |
Wilmington Trust CFO Abigail Mrozinski Recognized by American Banker as one of the 15 ‘Most Powerful Women in Banking: NEXT’ in 2019Abigail Mrozinski, Chief Financial Officer for Wealth and Institutional Services for Wilmington Trust, has been recognized by American Banker as one of their 15 “Most Powerful Women in Banking: NEXT” for 2019. She was selected by a panel of judges based on her individual accomplishments and contributions to Wilmington Trust and the banking industry. (more) |
| April 17, 2019 |
Wilmington Trust and M&T Bank Partner with Alvin Ailey American Dance Theater to Present Innovative Youth Residency Program in BaltimoreWilmington Trust and its parent company, M&T Bank announce today a partnership with the world-renowned modern dance company, Alvin Ailey American Dance Theater, to launch a four-day, in-school residency in two local Baltimore schools. (more) |
| April 16, 2019 |
Wilmington Trust Adds Two Senior Advisors to Wealth Management Team in Buffalo, N.Y.Wilmington Trust added two new senior advisors to its wealth management team in Buffalo, N.Y. Carol Stymiest was hired as a wealth investment advisor, and Thomas Waters joins as a senior private client advisor. (more) |
