MTB Bank, New York, has hired Michael Bell as a vice president in the factoring department, responsible for account management and marketing.

He will report to Saul Langer, MTB Bank's senior vice president of factoring.

Mr. Bell was a vice president and senior account executive at Finova Capital Corp. in New York, and before that he was a vice president of wholesale credit at Ambassador Factors Corp.

MTB Bank has $426 million of assets.

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