Wilmington Trust Corp. plans to expand its corporate client services globally despite a tough year that has forced it to consolidate some domestic operations.

After spending the past seven years developing business in Europe, Bill Farrell, the company wants to make its move into South America and other regions, said Bill Farrell, an executive vice president for Wilmington Trust and head of the corporate client business,. "We want to take a more worldwide approach," he said in an interview. "In the long run, we want to look to Asia, but not right now."

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.