WSFS wins housing award from home loan bank

WSFS Bank, Wilmington  was presented with the  Pillars of the Community Award in recognition of its commitment to community service over the past year. WSFS...

ING Direct adds new savings tool

ING Direct is, now part of Capital One,  adding  a new savings tool  that lets clients set and track a specific savings goal for...

JPMorgan Chase executive retires following trading loss

As expected, JPMorgan Chase announced today that Ina Drew, Chief Investment Officer, one of the most powerful women on Wall Street will retire from...

WSFS revises earnings

WSFS Financial Corporation the parent company of WSFS Bank revised earnings as it moved to sell nonperforming loans, made accounting changes and sold mortgage securities. An...

Chase, Living Social team up on credit card

Wilmington-based Chase Card Services and LivingSocial announced the launch of the LivingSocial Rewards Visa Card. Living Social is a website and e mail service that offers discount deals on restaurants,...

Bank of America changes ad agency

Bank of America today announced it has selected Team Bank of America at WPP as its global agency of record after an extensive review. In addition, the company...

Bryn Mawr Bank agrees to buy First Bank assets

Bryn Mawr Bank Corp.,   parent of The Bryn Mawr Trust  Co.,  announced it agreed  to acquire certain consumer and business deposit and loan...

Morgan treasury unit offers iPhone-based check deposits for business

New York-based J.P. Morgan Treasury Services launched its mobile application Image Deposit Direct Mobile (IDD Mobile). IDD Mobile enables U.S.-based companies to make check...

WSFS posts higher earnings

WSFS Financial Corp., parent company of WSFS Bank, reported net income of $7.2 million for the first quarter of 2012 compared to net income...

Wilmington Trust expands into the D.C. area

Wilmington Trust has promoted William T. LaFond, formerly managing director of business development for Wilmington Trust’s Family Wealth group, to head the company’s Wealth Advisory business...

ING Direct adds check deposit scanning feature

http://www.youtube.com/watch?v=pm134AKLulo&feature=youtu.be ING Direct has released the CheckMate  mobile app that will allow customers to make deposits by  simply taking a photo of the check via...

ING Direct deal aiding earnings at Capital One

Capital One Financial's first quarter 2012 earnings benefited from the company's recently closed acquisition of ING Direct, according to Fitch, a debt rating firm. ING...

Bank of America posts better-than-expected earnings

Bank of America Corporation reported net income of $653 million for the first quarter of 2012. Revenue, after various changes, was $22.5 billion as...

Barclays 'Rings' in low-interest rate card with 'crowdsourcing'

 Wilmington-based Barclaycard US, announced what it says is the first “social credit card” designed to use community crowdsourcing. The term “crowdsourcing” in this case...

Zacks looks at big bank earnings

Investment information firm Zacks issued a report on the nation's largest banks, which recently reported earnings.  To access the press release that summarizes the findings,...

Stable earnings reported at M&T

M&T Bank Corporation reported stable earnings for the first quarter. The quarter's earnings as compared with the first quarter of 2011 reflect higher net interest...

Chase to add up to 1,200 jobs in state

JP Morgan Chase plans to expand its operations in Delaware and add up to 1,200 new jobs in the state,   Gov. Jack Markell...

New mutual fund from Wilm. Trust

Wilmington Trust has launched a new mutual fund, Wilmington Rock Maple Alternatives Fund. The fund is aimed at helping investors cut the volatility of...

Capital One strong and cheap, Business Week writes

Is Capital One or JPMorgan Chase a stronger bank? Based on the federal “stress  test” Capital One, which has set up shop in Wilmington after...

The end game for Wilmington Trust

Local coverage  of the fall of Wilmington Trust has been meager since the announcement that Buffalo's M&T would acquire the ailing financial services company. As...
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