Wilmington Trust (WL)

Wilmington Trust (WL) Stock Quote Information

Wilmington Trust Corporation, through its subsidiary, Wilmington Trust Company, provides deposit-taking, lending, fiduciary, trustee, financial planning, investment consulting, asset management, insurance, broker-dealer, and administrative services in the United States and internationally. The Regional Banking segment offers various commercial lending, including real estate and land development loans, lines of credit, term loans, and demand loans for working capital; consumer lending consisting of installment loans, residential mortgages, home improvement loans, direct and indirect automobile loans, credit cards, and secured and unsecured lines of credit; and deposit taking comprising demand checking, certificate of deposit, NOW, money market, and various savings deposit services. The Corporate Client Services segment offers indenture, successor, collateral, and liquidating trustee and administrative services; owner and indenture trustee and specialized services that support asset-backed securitizations and financing structures for aircraft, power generating facilities, ships, and other types of capital equipment; independent directors, corporate governance, and regulatory reporting services; trust and custody services for unbundled retirement plans; and fixed income investment and cash management services. This segment serves investment bankers, corporate tax advisors, and financial executives of multinational institutions. The Wealth Advisory Services segment provides investment counseling, asset allocation, and asset management; proprietary and third-party investment management; fiduciary and trust services; financial, estate, succession, and other planning services; tax preparation, estate settlement, private banking, and insurance services; broker-dealer services; and corporate governance, business management, bookkeeping, and other administrative services for family offices. The company was founded in 1901 and is headquartered in Wilmington, Delaware.