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Stock Market & Financial Investment News

News Breaks
March 6, 2013
08:37 EDTMTBM&T Bank says Hudson City merger accretive to earnings in 2013
The merger will be accretive to earnings in high single digits in 2014. The company expects $120M of pre-tax merger-related expenses in 2013-2014. Comments taken from slides for Citigroup U.S. Financial Services Conference.
News For MTB From The Last 14 Days
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September 1, 2015
07:20 EDTMTBM&T settles suit alleging NYC discriminatory lending practices, Reuters reports
M&T Bank has agreed to upgrade its mortgage lending policies in order to settle a suit from a nonprofit group alleging that it engaged in discriminatory mortgage lending practices in New York City, Reuters reports. The settlement was with the Fair Housing Justice Center and nine individuals and will last three years, the report says. The settlement also bans M&T loan officers from "steering" borrows to distinct neighborhoods or loans based on their race or national origin, the report says. Reference Link

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