Wilmington Trust
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Wilmington Trust

Company nameWilmington Trust
Company typePublic (NYSE - WL)
IndustryFinancial
Founded1903
HeadquartersRodney Square in Wilmington, Delaware
Key peopleDonald E. Foley, CEO & Chairman & Robert V.A. Harra Jr., President & COO
ProductsBanking
Employees2672

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Wilmington Trust (NYSE - WL) was founded on July 8, 1903 as a banking, trust, and safe deposit company by DuPont president T. Coleman du Pont.

On November 1, 2010, Wilmington Trust announced a merger with M&T Bank, of Buffalo, NY. The deal values 107-year-old Wilmington Trust at $3.84 a share, or 46 percent less than its closing price Oct. 29. Investors will get 0.051 share of Buffalo-based M&T for each Wilmington share, the companies said today in a statement. http://www.bloomberg.com/news/2010-11-01/wilmington-trust-to-be-bought-by-m-t-for-351-million-below-market-value.html

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Wilmington Trust Adds to Wealth Management Team in New York - MarketWatch (press release) Tweet this news
MarketWatch (press release)---Wilmington Trust's- new hires are Walter J. Dillingham Jr., CFA(R), managing director and business development officer; John M. Lawson, managing director and ... - Date : Wed, 20 Oct 2010 13:12:19 GMT+00:00
Wilmington Trust exploring sale of company-report - Reuters Tweet this news
Reuters--NEW YORK, Oct 22 (Reuters) - -Wilmington Trust- Corp (WL.N) has approached several bigger banks in recent weeks about acquiring the Delaware-based regional ... - Date : Fri, 22 Oct 2010 19:44:46 GMT+00:00
Law Office of Brodsky & Smith, LLC Announces Investigation of Wilmington Trust ... - MarketWatch (press release) Tweet this news
MarketWatch (press release)--Under the terms of the transaction, -Wilmington Trust- shareholders would receive 0.051372 shares of M&T stock for each share of -Wilmington Trust- stock they ... - Date : Wed, 03 Nov 2010 02:06:34 GMT+00:00
Wilmington Trust In Retrospect: Shares Up 0.87% Since Downgraded One-Week Ago (WL) - Comtex Smartrend Tweet this news
Comtex Smartrend--One week ago, -Wilmington Trust- (NYSE:WL) was downgraded to Underperform from Neutral at Macquarie. The stock closed Friday at $10.41 which is ... - Date : Tue, 03 Aug 2010 07:11:02 GMT+00:00
Credit Rating Initiation: Wilmington Trust - Morningstar.com Tweet this news
Morningstar.com--by Morningstar Credit Committee | 07-19-10 | 5:45AM | E-mail Note Morningstar is initiating credit coverage of -Wilmington Trust- WL with an issuer rating of ... - Date : Mon, 19 Jul 2010 10:54:40 GMT+00:00
Morgan Stanley Believes Wilmington Trust Has "Beefed Up" Credit Management (MS,WL) - Comtex Smartrend Tweet this news
Comtex Smartrend--7/26/2010- Morgan Stanley believes that -Wilmington Trust- Corp. (NYSE:WL) has "beefed up its credit management," according to analysts. ... - Date : Mon, 26 Jul 2010 18:14:55 GMT+00:00
Wilmington Trust sure looks ripe for takeover, KBW says - The News Journal (blog) Tweet this news
The News Journal (blog)--The buzz over the potential for a sale of -Wilmington Trust- just won't fade away, despite repeated denials from the bank's executives and board members. ... - Date : Fri, 02 Jul 2010 15:43:56 GMT+00:00
SmarTrend's Candlestick Scanner Detects Possible Bullish Engulfing Pattern for ... - Comtex Smartrend Tweet this news
Comtex Smartrend--SmarTrend's candlestick pattern scanner has detected a potential bullish engulfing pattern for shares of -Wilmington Trust- (NYSE:WL) if the ... - Date : Wed, 30 Jun 2010 19:03:31 GMT+00:00
SunTrust Made the Right Call, Wilmington Trust 4.07% Lower (WL) - Comtex Smartrend Tweet this news
Comtex Smartrend--One week ago, -Wilmington Trust- (NYSE:WL) was downgraded to Neutral from Buy, $22 target, at SunTrust. The stock closed yesterday at $11.09 ... - Date : Thu, 01 Jul 2010 07:12:12 GMT+00:00
Review underway at Wilmington Trust - WHYY Tweet this news
WHYY--As -Wilmington Trust- approaches it's 107th anniversary, a regulatory review got underway this week. But this time, the routine review that occurs every 12 to ... - Date : Wed, 30 Jun 2010 21:24:45 GMT+00:00

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Other notable Delaware Valley-based businessesAqua America * Bentley Systems * Brandywine Realty Trust * Boscov's * Carpenter Technology Corp. * GSI Commerce * Forman Mills * Liberty Property Trust * Rita's Water Ice * Vanguard * ViroPharma * Wawa * Wilmington Trust * WSFS Bank
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