News: M&T Bank Corp (MTB.N)

MTB.N on New York Stock Exchange

105.94USD
17 May 2013
Price Change (% chg)

$1.25 (+1.19%)
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$104.69
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Fri, Apr 12 2013

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Fed anti-money-laundering concerns to delay M&T-Hudson deal

NEW YORK - M&T Bank Corp's proposed purchase of Hudson City Bancorp Inc will probably take more time to close than previously expected because of U.S. regulatory concerns over anti-money-laundering procedures, the banks said on Friday.

UPDATE 1-U.S. Fed anti-money-laundering concerns to delay M&T-Hudson deal

NEW YORK, April 12 - M&T Bank Corp's proposed purchase of Hudson City Bancorp Inc will probably take more time to close than previously expected because of U.S. regulatory concerns over anti-money-laundering procedures, the banks said on Friday.

M&T, Hudson City see delay in Fed ruling on $3.7 bln deal

April 12 - M&T Bank Corp and Hudson City Bancorp Inc said on Friday it may take more time than expected for the U.S. Federal Reserve to rule on M&T's proposed $3.7 billion purchase of its smaller rival because of concerns over M&T's anti-money laundering program.

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