Wilmington Trust - Wealth and Institutional Services (2024)

FAQs

Is Wilmington Trust now M&T bank? ›

* Wilmington Trust traces its roots to the founding of Wilmington Trust Company in 1903. Wilmington Trust is a registered service mark used in connection with various fiduciary and non-fiduciary services offered by certain subsidiaries of M&T Bank Corporation.

Wilmington Trust is one of the largest holders of fiduciary assets in the United States. On May 3, 2018, top executives of Wilmington Trust were found guilty by the United States Department of Justice for falsifying bank records. The four executives received "three- to six-year prison terms".

We provide actively managed equity, fixed income, and alternative strategies to institutional investors, institutional consultants, and financial intermediaries.

Wilmington Trust Company is a wholly owned division of M&T Bank. Click here for the M&T Investor Relations information.

M&T's acquisition of People's United Bank was finalized back in April, according to Mike Keegan of M&T.

M&T Bank reorganized under a bank holding company in 1969 called First Empire State Corporation. The name was changed in 1998 to M&T Bank Corporation, whose common stock is listed on the New York Stock Exchange and trades under the symbol "MTB."

Wilmington Trust Parent Rating

The firm's risk-adjusted performance is poor. Across all open-end and exchange-traded products, the firm's average 10-year Morningstar Rating is 2.2 stars. The firm charges fees on its open-end and exchange-traded funds that are on par with category peers.

Even though the FDIC is Wilmington Trust's appropriate regulatory agency, the Commission has authority, pursuant to Section 17A(d)(3)(B) of the Exchange Act, to enforce a bank transfer agent's compliance with Section 17A of the Exchange Act and the transfer agent rules promulgated thereunder.

2 Wilmington Trust Offices in California.

The Wilmington Trust Company was incorporated on March 2, 1901, as the Delaware Guarantee & Trust Company. It assumed its current name upon formal organization on March 6, 1903, and opened for business in the first unit of the Du Pont Building on July 8, 1903.

What do the m and t stand for? ›

In 1856, it stood for Manufacturers & Traders. Founded more than 160 years ago, M&T has built a reputation for providing outstanding customer service.

President/Chief Executive Officer

Robert Grant obtained his bachelor's degree in accounting from The University of Akron and went on to receive his master's degree in finance from Cleveland State University. He has been a part of the banking world for over 25 years.

An executor is the person, people or trust company that you identify and name in your will to administer your estate — and ensure your last wishes are carried out as you intend. Your executor will have a big role to play in settling your estate, which means choosing an executor isn't something you should take lightly.

Steve Norcini. Steve leads the efforts to provide clients with quality ESG offerings that seek to deliver higher risk-adjusted returns relative to traditional investment strategies, while aligning with clients' goals and values in support of fostering positive societal change.

An owner trust is a relationship where a trustee holds legal title to the aircraft for the benefit of a third party, who is commonly called the “trustor” or “beneficiary.” The trustee then leases or licenses the aircraft back to the trustor/benefi- ciary or a third party, as the trustee does not operate the aircraft.

M&T Bank traces its origins to the founding of Manufacturers and Traders Bank in Buffalo, New York. As a result of mergers, acquisitions and name changes, M&T Bank Corporation's principal bank is now known as Manufacturers and Traders Trust Company, or M&T Bank.

BB&T merged with SunTrust to create Truist Financial in 2019. Its largest shareholders include the company's top executives and several institutional investors. You can purchase shares of BB&T through a brokerage.

M&T Bank is proud to serve our Delaware customers and business clients through our network of branches and ATMs and online.