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Thursday, February 21, 2019

Former Wilmington Trust President gets 6 years on bank loan charges

Former Wilmington Trust President Robert Harra was sentenced to to six years in prison  on federal  charges of  conspiring to not report loan problems  at the bank,  The Associated Press reported. He is  the first of ...

Marlette Funding confirms plans to add more than 200 jobs in Delaware.

Marlette Funding and the Delaware Prosperity Partnership announced plans to add more than 200 jobs in the state.  The company based near Wilmington uses the.  Best Egg, platform to offer online personal loans. The company...

WSFS gets in front of issue of post-merger branch closings

Good afternoon all, WSFS deserves credit for its transparency in dealing with branch closings that will occur with the Beneficial merger. About a quarter of all WSFS and Beneficial branches will be closed in 2019 and ...

WSFS shareholders OK Beneficial merger

WSFS Financial Corporation  stockholders overwhelmingly approved the previously announced merger of Beneficial Bancorp, Inc. Beneficial stockholders approved the merger at a special meeting of stockholders on December. The bank is based in Philadelphia. WSFS is...

Chase opens first Delaware branch in Wilmington

Early this month, Chase opened its first Delaware branch at its high-rise site on North Walnut Street in downtown Wilmington. The branch comes with digital capabilities with an open format, including a living room space...

Delaware part of 42-state settlement over debt collection practices

Delaware joined 41 other states and the District of Columbia in reaching a settlement regarding debt collection practices with Encore Capital Group Inc. and its subsidiaries Midland Credit Management, Inc. and Midland Funding, LLC,...

M&T opens business banking center in Brooklyn

M&T Bank opened a 1600-square-foot Business Banking Center above its Park Slope Branch at the corner of Sterling Place and Flatbush Avenue in Brooklyn. The office will have eight employees, with room to expand the...

Ins and outs of seniors donating to their favorite charities under the...

By Alison C. D. Brooks, CFP, CRPC Brooks is Co-Founder & Chief Operating Officer | Private Wealth Advisor at  Brandywine Oak Private Wealth, Kennett Square The new 2018 tax law has left many Delaware and Pennsylvania...

$210 million settlement okayed in Wilmington Trust shareholder case

The eight-year shareholder lawsuit involving the collapse of Wilmington Trust may be near an end with a  U.S. District Court okaying a  $210 million settlement coming out of U.S. District Court in Delaware. According to...

The right move on 401 (ks)

Good afternoon, Last week, I wrote about DuPont turning over its pension plan over to spin-off ag company Cortera. The decision brought concerns about the future of the defined-benefit plan that pays out a monthly check...