DBA Digest for November 11, 2022

DBA Compliance School - December 7th!

In Person and On-Line!

Attention: Compliance Officers; Auditors; Lenders; and, Attorneys! Registration today for the DBA Regulatory Compliance School. In-Person at Wilmington University Brandywine Campus, and also Online. Register before November 25th and receive the Early-Bird Discounted Rate of $699!

Get the latest information on the trends and topics you need in the ever-changing regulatory compliance environment. Sessions and topics include: Fair Lending, Deposit Compliance, UDAAP, HMDA, recent enforcement actions, and more! 8 DE & PA CLE Credits, CPE and CRCM Credits Applied For.

Presenting Sponsors:



The 2022 Delaware Trust Conference Is Available

On-Demand Through November 30th!

Attention Wealth Management Professionals: All the sessions of the 2022 Delaware Trust Conference are still available via the conference site. Attendees can earn up to 18.0 CLE Credits, Including 2.0 Ethics Credits! Visit the conference webpage (link below) for credit forms. All the sessions feature the stellar line-up of the nation’s top trust, legal, and wealth management experts for which the Delaware Trust Conference is known. 

Thank you to all the Sponsors, Exhibitors, Speakers, In-Person Attendees, and Live-Streamers for making the 2022 Delaware Trust Conference a memorable event!


DE Trust Conference Webpage

Join Northern Trust on November 17 for Exclusive Insights from Their Experts

Join us for the first Market Insights event following the 2022 midterm elections to hear from our experts on market, economic and tax-planning developments.


November 17, 2022

8 a.m. PT | 9 a.m. MT | 10 a.m. CT | 11 a.m. ET


Duration: 60 minutes

Unable to attend?

Register to receive a replay of the webinar 24 hours following the event.


Bank of America Market Minute

U.S Equities posted weekly losses following the Federal Reserve’s (Fed) policy decision to raise rates by 75 basis points (bps) last Wednesday followed by Fed Chair Powell’s press conference. The S&P 500 lost 3.35% on the week while the Nasdaq Composite dropped 5.65% and the Dow Jones Industrial Average fell 1.4%. Labor market data showed elevated job openings with October job growth topping forecasts, as the unemployment rate rose more than expected. A Labor Department report showed that employers added 261,000 jobs to nonfarm payrolls above consensus estimates. September’s unemployment rate rose to 3.7% from 3.5% as the labor force participation rate dipped slightly lower. The two-year U.S. Treasury note yield reached a 15- year high of 4.7% last Thursday. Overseas, year-over-year (YoY) inflation in the Eurozone accelerated by more-than-expected to 10.7% in October from nearly 10% the previous month, fueled by elevated energy prices. The Bank of England raised its benchmark interest rate by 75 bps—the biggest increase in over three decades. More on October’s inflation picture will come into focus on Thursday when the Bureau of Labor Statistics releases the consumer price index (CPI). Consumer credit data and the University of Michigan’s Consumer Sentiment Index, both due this week, will glean clues on the health of the consumer.

Full Story

Morris Nichols Promotes Corporate Litigation Attorney Thomas Will to Partner

Morris Nichols is pleased to announce that corporate and commercial litigator Thomas P. Will has been invited to join the firm partnership, effective January 1, 2023.

“We are all very happy to call Thomas our partner,” said Bill Lafferty, chair of the firm’s executive committee. “It has been a pleasure watching him grow into the excellent young lawyer that he is today, and we are excited about the prospects of a bright future together.”

Thomas’ litigation practice focuses on corporate and commercial disputes before the Delaware Court of Chancery and the Delaware Supreme Court. “Thomas has robust experience litigating M&A cases and handling corporate governance disputes and commercial litigation,” added Bill. “His promotion, along with the recent addition of three former judicial clerks, will enhance Morris Nichols’ market-leading Corporate & Commercial Litigation group.”

Full Story

Weiner Benefits Hosts a Market Update: Special Edition Non-Qualified Plans and Executive Benefits-November 17th

Join Weiner Benefits Group on Thursday, November 17th 2022 at 10am for a Market Update with Principal Financial Services. Limited Spaces Available, Please Register in Advance. Questions? Please Contact Stephanie Clendening at 302-658-0218 or stephanie@weinerbenefitsgroup.com

We want to hear from you! Please send your news items to
Greg Koseluk at greg.koseluk@debankers.com