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| November 08, 2017 |
David DiLuigi Promoted to Group Vice President at Wilmington TrustDavid DiLuigi was promoted to group vice president at Wilmington Trust, part of the M&T Bank family. DiLuigi is the president of the Greater Washington/Central Virginia Region for the Wealth Advisory division. (more) |
| October 30, 2017 |
Volkswagen Diesel Emissions Environmental Mitigation Trust Website LaunchedWilmington Trust, N.A., in its role as trustee, has launched the website for the Volkswagen Diesel Emissions Environmental Mitigation Trusts. The purpose of the website is to serve as the primary communication channel to the public for $2.7 billion trust, which was established as part of Volkswagen’s diesel emissions settlement with the federal government. (more) |
| October 20, 2017 |
Wilmington Trust Recognized as Top “Collateral Service Provider” at 2017 European & UK Captive AwardsWilmington Trust, N.A. was named “Collateral Service Provider of the Year” at the 2017 European & UK Captive Awards, organized by Captive Review magazine. Wilmington Trust’s Insurance Collateral Solutions team accepted the award at a ceremony held in London on Oct. 10. (more) |
| October 18, 2017 |
Wilmington Trust Promotes Patricia Farrell to Managing Director of Buffalo and Rochester MarketsWilmington Trust promoted Patricia Farrell to group vice president and managing director of Wealth Advisory Services for the Buffalo and Rochester markets. In her expanded role, Farrell is responsible for driving the expansion of wealth management services throughout Western New York. (more) |
| September 28, 2017 |
Wilmington Trust Selected as Trustee and Investment Manager of the $975 Million Takata Restitution Fund TrustWilmington Trust, N.A. has been appointed trustee and investment manager for the Takata Corporation Restitution Fund Trust. The $975 million trust, established as part of Takata Corp.’s settlement with the U.S. Department of Justice, will be used to compensate individuals injured by the company’s malfunctioning air bags, as well as auto manufacturers that purchased the faulty devices. (more) |
| September 14, 2017 |
New Research from Wilmington Trust Finds Nearly 60 Percent of Business Owners Lack a Transition PlanA new survey from Wilmington Trust and a team of academic advisors found that 58 percent of owners of privately-held businesses lack a transition plan despite financial risks of not planning. The research, titled “The Power of Planning,” surveyed more than 200 owners of privately-held companies about their plans and goals for transitioning their business. (more) |
| July 24, 2017 |
Wilmington Trust Promotes Matthew Panarese to President of the Mid-Atlantic RegionWilmington Trust promoted Matthew Panarese to president of the Mid-Atlantic Region. He oversees wealth management services including regional sales, fiduciary, and client management teams in Pennsylvania, Southern New Jersey, Delaware, Maryland, Virginia, and Washington, D.C. (more) |
| July 21, 2017 |
Wilmington Trust Hired Anthony Viducic as Director of Wealth and Fiduciary Planning for New York Metropolitan RegionWilmington Trust hired Anthony Viducic as director of Wealth and Fiduciary Planning for the New York metropolitan region. Viducic will develop customized wealth planning strategies and financial plans for high-net-worth individuals, families, and business owners. (more) |
| July 19, 2017 |
Wilmington Trust Promotes Sharon L. Klein to Tri-State Region PresidentSharon L. Klein was promoted to president of Wilmington Trust’s Tri-State Region, which includes Greater New York, Connecticut, Long Island, and Northern New Jersey markets. In this role, she oversees all wealth management services throughout the region. (more) |
| July 18, 2017 |
Wilmington Trust Expands Global Capital Markets Team with New Additions in UK and Ireland OfficesWilmington Trust, N.A. is growing its Global Capital Markets staff in Ireland and the United Kingdom with three new additions. Eileen Hughes joined the London office as head of Structured Finance for the United Kingdom. Also joining the London office is Joe Knight, who was hired as senior trust sales representative. Joining the Dublin office is Joanna Taylor as senior relationship manager. (more) |
| June 26, 2017 |
Wilmington Trust Recognized as ‘Best Securitization Trustee of the Year’Wilmington Trust was recognized as “Overall Best Securitization Trustee of the Year” at the fourth annual US Securitization Awards ceremony, held in New York on May 23, organized by GlobalCapital, a news service focused on the international capital markets. (more) |
| May 25, 2017 |
Wilmington Trust Adds Fred Beilstein as Senior Private Client Advisor to Atlanta Wealth OfficeWilmington Trust hired Fred Beilstein as a senior private client advisor for its Wealth Advisory office in Atlanta, Ga. He will provide wealth management advice to high-net-worth clients including families, entrepreneurs, business owners, and foundations and endowments. (more) |
| May 10, 2017 |
New Wealth Survey Finds Family Leaders Reluctant to Share Inheritance Details to Avoid Demotivating HeirsA new survey of wealthy families found that nearly 30 percent of family leaders have no plans to share inheritance details out of fear of demotivating heirs. The study titled “Navigating the Wealth Transfer Landscape” by Campden Wealth, the Institute for Private Investors, and Wilmington Trust also showed that a majority of inheritors do not significantly alter their careers or lifestyles after receiving their inheritance. (more) |
| April 28, 2017 |
Wilmington Trust Hires Joe Donovan as Senior Sales Trust Representative for Institutional Retirement Services DivisionWilmington Trust, N.A. hired Joe Donovan as senior sales trust representative for its Institutional Retirement Services division. Based in Wilmington Trust’s office in Boston, he will work to grow collective investment trust (CIT) business nationwide as an investment vehicle for defined contribution 401(k) plans. (more) |
| March 29, 2017 |
Wilmington Trust Hires Joshua Stowell as Senior Trust Sales Representative in the Global Capital Markets DivisionWilmington Trust, N.A. hired Joshua Stowell as senior trust sales representative for its Global Loan Agency Services group in the Global Capital Markets division. Based in the company’s Boston office, he will focus on expanding loan agency services to alternative capital providers, business development companies, and direct lenders. (more) |
