(NEW YORK)Credit rating agency Standard & Poor's lowered its outlook on regional bank Wilmington Trust Corp. and its subsidiary to negative in light of its broader review of U.S. regional ba...READ MORE
(WILMINGTON, Del.)Wilmington Trust Corp. said Friday it fell to a second-quarter loss as the value of major investments declined, leading the regional bank to record hefty charges.READ MORE
(WILMINGTON, Del.)Financial services firm Wilmington Trust Corp. said Wednesday it will acquire UBS Fiduciary Trust Co., a unit of UBS AG. Financial terms of the all-cash deal were not disclosed.READ MORE
Among the earnings stories for Friday, April 18, from AP Financial News:
CHICAGO (AP) Heavy equipment maker Caterpillar Inc. said Friday that demand for its global mining and ene...READ MORE
(WILMINGTON, Del.)Financial services holding company Wilmington Trust Corp. said Tuesday it has agreed to sell two New Jersey housing developments to recover about 97 percent of loans it made to the...READ MORE
(WILMINGTON, Del.)Wilmington Trust Corp.'s profit slid 7 percent in the fourth quarter as the bank had to pay higher interest on more accounts in order to raise cash for loans, the company said Frid...READ MORE