M&T Bank

Four former Wilmington Trust executives found guilty of loan fraud


Attorneys for then President Robert Harra said he is innocent and will file an appeal. The case centers on a scheme said to have been carried out during the crisis years, before the bank was sold to M&T.


Legal expenses eat into M&T's 1Q profits


A $135 million increase in litigation expenses related to its 2011 acquisition of Wilmington Trust overshadowed a wider net interest margin and improved credit quality for the Buffalo, N.Y., company in the first quarter.


Banks fall short in providing financial advice consumers want: Survey


One problem is that banks are shifting to online and mobile channels for delivering advice, which is inferior to in-person communications, according to a recent survey conducted by J.D. Power.


Breakthrough: More women running banks’ legal departments


Most general counsels are men, but in 2017 women filled more than half of the top legal positions that opened up at large financial firms. The trend is likely to continue as the population of women lawyers swells and banks continue to diversify their senior ranks.


M&T's 4Q earnings dip due to $50M donation honoring late CEO


The Buffalo-based company donated a record $50 million to its charitable foundation to honor its former CEO Robert Wilmers, who passed away in late 2017.


M&T names René Jones chairman and CEO


Jones, who was CFO until last year, succeeds Robert Wilmers, who passed away unexpectedly last week.


More responsibility for Wells retail chief; Bitcoin debuts on CME


Mary Mack adds mortgage and auto units to her already large portfolio; futures price dips but volume up compared to Cboe’s first day of trading.


Wilmers' legacy: Top CEOs praise M&T chief's leadership in crises


Bankers remember Bob Wilmers not only for spearheading the growth of M&T, but also embracing his role as the industry's voice in turbulent times.


M&T’s Robert Wilmers dies; sex scandal claims Visa executive


Long-time CEO grew M&T Bank into a $120 billion regional lender; Jim McCarthy, a high-profile manager, didn’t inform company about relationships.


Robert Wilmers, longtime M&T chairman and CEO, dies at 83


Robert Wilmers joined M&T in 1983 when it had just $2 billion of assets and built into a regional powerhouse with $120 billion of assets and operations in a dozen states.