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Wednesday, July 8, 2020
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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 of $6.2 million for the fourth quarter of 2011, and...
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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 in the Washington, D.C. and Richmond regions. In addition, four additional...
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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 the device's camera.  ING Direct, prior to its recent acquisition by...
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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 Direct is based in Wilmington and Capital One plans to...
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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 the financial services giant worked to strengthen its balance sheet. Reuters...
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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 is used to describe plans to give cardholders input in...
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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, log on here.
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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 income, lower credit costs, and higher trust income and residential...
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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 and Delaware Economic Development Office Director Alan Levin announced on...
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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 their holdings. M&T maintained the Wilmington Trust name for investment activities...