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M&T Bank (MTB) reported fourth-quarter earnings well short of analysts' estimates, capping a challenging year in which regulatory troubles led to spiraling costs.
January 17 -
The Westbury, N.Y., bank has sought a large deal to vault well over the $50 billion-asset threshold. But with no transformational deal in sight, it is now willing to pass that asset milestone through a small acquisition or organic growth.
January 29 -
Further delays in the M&T/Hudson City deal were a reminder of how hard it is to manage banks in the limbo between the announcements and closings of M&A agreements. Tougher regulatory scrutiny means longer waits and greater risk of cancellation.
December 26
M&T Bank (MTB) in Buffalo, N.Y., reportedly
The $85.1 billion-asset company has requested permission from the New York State Department of Financial Services to close the branches, Buffalo Business First reported Tuesday. The report did not say when the branches would close; a call to M&T seeking comment was not immediately returned.
M&T
