Wilmington Trust is in talks to purchase the fund group of
HSBC USA. Word of the talks was reported
today by
The American Banker. The article is based on
source at both Wilmington's investment advisory
division and HSBC.
The deal for HSBC Funds is expected to be completed
sometime before the end of the week,
Rusty Giles, a
vice president at Wilmington is quoted as telling
American Banker.  
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