M&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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Fed cites M&T Bank for shortfall in compliance with anti-money laundering rules The Federal Reserve issued the enforcement action in light of issues with the bank's compliance with anti-money laundering rules, including compliance with the Bank Secrecy Act, according to the Fed's order. Reference Link