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Wilmington Trust

(WL)

is expanding its capital markets business with the addition of collateral administration services for collateralized debt obligations, complementing the services that its corporate client services business already provides in many of the world's most favorable jurisdictions.

The Wilmington, Del.-based company said that as part of its expansion, it formed a new subsidiary,

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, through which it will conduct most of its CDO services business.

This story was created through a joint venture between TheStreet.com and IRIS.