Wilmington Trust

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Events

Ex-Wilmington Trust president reaches settlement with SEC

DOVER, Del. (AP) — The former president of the only financial institution to be criminally charged in connection with the federal bank bailout program in the wake of the 2008 financial crisis has reached a settlement with federal securities regulators in a related civil action. The Securities and Exchange Commission asked a federal judge in a court filing Tuesday to approve a consent judgment against former Wilmington Trust President Robert […]

today11/02/2022 13

News

Feds dropping case against former Wilmington Trust execs

DOVER, Del. (AP) — Federal prosecutors in Delaware have decided not to retry four former executives for the only financial institution to be criminally charged in connection with the federal bank bailout program in the wake of the 2008 financial crisis. U.S. Attorney David Weiss said in statement Tuesday that his office has opted not to retry the former Wilmington Trust executives on fraud charges. The decision came after a […]

today07/07/2021 16

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