The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Thursday, September 06, 2001|
Delaware Firm Prepares Bid for Bank Funds
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.
Printed from: MFWire.com/story.asp?s=26878
Copyright 2001, InvestmentWires, Inc.
All Rights Reserved