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https://www.forbes.com/sites/clairetsosie/2017/04/14/why-so-many-credit-cards-are-from-delaware/#:~:text=Delaware%20was%20much%20closer%20to%20New%20York%20compared,heard%20by%20judges%2C%20not%20juries%2C%20and%20resolved%20faster.
https://technical.ly/startups/many-banks-headquartered-wilmington-delaware/
Within months of the legislative change, boosters say nearly a dozen banks and thousands of jobs had moved or were moving to Delaware. The legacy remains a generation later, with the large presence of JPMorgan Chase (both its Chase credit card offices downtown and its global tech footprint at that suburban tech center), Barclaycard , M&T , WSFS and others …
https://www.mentalfloss.com/article/76951/why-are-so-many-us-companies-incorporated-delaware
But with a population of only 941,600 (as of October 2015), why do so many big companies, from Bank of America to Google to Coca-Cola, incorporate in Delaware? Delaware’s courts, …
https://www.city-data.com/forum/philadelphia/2259169-why-big-banks-located-delaware.html
Individuals will also incorporate big ticket items in Delaware - planes, boats, etc - because of the tax laws. I work in aviation and realized this when I was doing work for airports around this area. Delaware Registry Ltd. answers the question - Why register a corporation in Delaware and what are the benefits of Delaware incorporation?
https://www.city-data.com/forum/philadelphia/2259169-why-big-banks-located-delaware-4.html
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https://www.forbes.com/sites/clairetsosie/2017/04/14/why-so-many-credit-cards-are-from-delaware/
Delaware was much closer to New York compared with South Dakota. At the time, several major banks were already incorporated there because of the state’s Chancery Court, where corporate cases are...
https://whyy.org/articles/why-do-so-many-corporations-choose-to-incorporate-in-delaware/
One reason is the bi-partisan political consensus in Delaware to keep the Delaware corporation statute modern and up-to-date, and to rely on Delaware’s corporate law specialists for advice in how to do this.
https://en.wikipedia.org/wiki/List_of_Delaware_companies
Delaware is a state in the Northeastern United States. Delaware's economy shifted to a manufacturing base in the late 19th century, led by the transformation of the DuPont Company. Modern growth in the financial workforce has overtaken the manufacturing sector in the state's economy. The Delaware General Corporation Law provides a flexible and stable framework for …
https://www.zippia.com/advice/largest-companies-in-delaware/
DuPont ( Jobs) Integrity Staffing Solutions ( Jobs) Citicorp Banking ( Jobs) CMH Capital ( Jobs) W. L. Gore and Associates ( Jobs) University of Delaware ( Jobs) Swissport Holdings ( Jobs) Utility Holding ( Jobs) United Acquisition comes in at the top, with more current employees than any other company in the state.
https://www.smartcapitalmind.com/why-do-so-many-credit-card-companies-have-a-wilmington-delaware-address.htm
Companies stationed in Delaware were thus better protected than in other states, strengthening the position of any bank or credit card companies that created their charters within the state. Today, there are several major credit card companies stationed in Wilmington.
https://en.wikipedia.org/wiki/U.S._Bancorp
U.S. Bancorp (stylized as us bancorp) is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware. It is the parent company of U.S. Bank National Association, and is the fifth largest banking institution in the United States.
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