STATE OF THE ART? M&T executives have "raging battles about whether we're going to be unique in the industry" with their upgraded BSA program, COO Mark Czarnecki, says. "The bar is rising in this space," CFO René Jones adds.

Inside M&T's $200M Effort to Fix Tech, Compliance Issues

The Buffalo, N.Y., bank's chief operating officer and chief financial officer discuss how M&T is spending tens of millions of dollars toward upgrading compliance with the Bank Secrecy Act and high-tech retail services. Its deal to buy Hudson City hangs in the balance.

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