M&T Bank

Pranks at CFPB, tax cuts' impact and bitcoin: Top stories of the week


For the second week in a row, the CFPB's leadership shakeout dominated readers' attention, while a regional banker discussed efforts to fight hacking and the impact of the tax cuts, and bitcoin's price soared.


Buying season ahead? Banks increasingly talk up M&A


Flush with capital and facing stiff competition for customers, many regional banks appear to be mulling acquisitions to accelerate growth.


Settlement costs eat into M&T's 3Q profit


Strong gains in net interest income offset a decline in fee income, but a recent settlement with the federal government over alleged misconduct at its Wilmington Trust unit weighed on the Buffalo company's overall results.


M&T's Wilmington Trust to pay $44M to settle allegations of loan fraud


Wilmington Trust and some of its executives had been accused of intentionally understating past-due loans in 2009 and 2010.


M&T Bank, four years and $400M later, released from enforcement action


The Buffalo, N.Y., bank has been freed from an enforcement order that required an upgrade of its anti-money-laundering compliance systems. The Fed had ordered the upgrade as a condition for approval of its acquisition of Hudson City Bancorp.


Low interest rates are hurting the middle class


Monetary policy was intended to act as an accelerant for an economy in recession, and did in fact accomplish that goal early on; however, its benefits have waned, if not reversed, over time.


M&T Bank’s profit rises on accounting change, margin improvement


A new accounting policy and improved profit margins fueled M&T Bank’s double-digit profit growth in the first quarter.


The real-world impact of Dodd-Frank, stress tests and other regs


In his annual letter to shareholders, M&T Bank chief Robert Wilmers laid out in compelling detail how government policies intended to protect American families have ultimately stymied economic growth.


One-size-fits-all rulemaking hurts regional banks: M&T’s Wilmers


Because the fates of banks and the communities they serve are so intertwined, the regulatory impacts borne by regional banks are inextricably linked to the repercussions experienced by their customers.


M&T's Wilmers joins billionaires club off bank stock rally


The rally in bank stocks since Donald Trump's surprise victory in November has minted a new billionaire banker ahead of Friday's inauguration: M&T Bank CEO Robert Wilmers.