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M&T Bank (MTB) reported fourth-quarter earnings well short of analysts' estimates, capping a challenging year in which regulatory troubles led to spiraling costs.
January 17 -
A former head of commercial real estate at Wilmington Trust was charged with bank fraud, bribery and money laundering, the Office of the Special Inspector General for the Troubled Asset Relief Program announced Friday.
February 7 -
M&T had delayed plans to buy Hudson City Bancorp because of the Federal Reserve's compliance concerns, and an order made public Tuesday details what the Buffalo, N.Y., company has to fix.
June 18 -
M&T Bank's (MTB) long-delayed purchase of Hudson City Bancorp (HCBK) could be held up until the end of 2014.
December 17 -
Recent legal settlements have compounded big banks' fears about pursuing M&A, U.S. Bancorp chief Richard Davis says.
November 12 -
Wilmington Trust, a unit of M&T Bank, was sued by heirs to Mennen Co., maker of Speed Stick deodorant, seeking more than $100 million in damages for investment losses.
September 11
M&T Bank Corp. (MTB) in Buffalo has revised its fourth-quarter and yearly earnings downward due to costs related to a lawsuit against its Wilmington Trust unit.
The company increased its litigation reserve to $40 million after reaching a settlement Monday on behalf of Wilmington Trust, which M&T
The settlement puts an end to
The trial was set to begin Tuesday in the Delaware Chancery Court, according to M&T's Wednesday
The $85.2 billion-asset M&T has faced a number of problems related to acquisitions in recent months. Its planned purchase of Hudson City Bancorp (HCBK)