Also Named to Wilmington's Senior Leadership TeamWILMINGTON, Del., Feb. 13, 2025 /PRNewswire/ -- Wilmington Trust announced today that Dave DiLuigi has been named the new Head of U.S. Markets for the firm's Wealth division, effective February 17.In this new role, DiLuigi will be responsible for helping set the strategic direction for Wilmington Trust's Wealth business and managing the firm's mission to provide comprehensive wealth management advice to its clients looking to fulfill their financial goals and aspirations

BUFFALO, N.Y., Jan. 22, 2025 /PRNewswire/ -- M&T Bank Corporation ("M&T") (NYSE:MTB) announced that its Board of Directors authorized a share repurchase program to repurchase up to $4.0 billion of M&T common stock, $0.50 par value per share, on the open market or in privately negotiated transactions. The authorization replaces, and terminates effective January 22, 2025, the prior $3.0 billion share repurchase program authorized by the Board of Directors in July 2022.Daryl Bible, M&T's Chief Financial Officer, noted: "The Board's decision underscores our dedication to managing shareholders' capital responsibly, in line with our established practices. Our primary focus in capital allocation is to support our customers and the communities we serve while continuing to invest in our businesses. Our strong earnings and solid capital position allow us to meet these essential goals and return surplus capital to our investors."The exact number of shares, timing for such repurchases, and the price and terms at and on which such repurchases are to be made will be at the discretion of M&T and subject to all applicable regulatory limitations.About M&T BankM&T is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, provides banking products and services with a branch and ATM network spanning the eastern U.S

On December 17, 2024, M&T Bank Corporation successfully closed a public offering, raising a total of $1.5 billion through the issuance of senior notes. The offering included $500,000,000 aggregate principal amount of 4.833% Fixed Rate/Floating Rate Senior Medium-Term Notes, Series A due January 16, 2029 (2029 Notes) and $1,000,000,000 aggregate principal amount of 5.385% Fixed […]