Category: Hudson City Bancorp

Janney lowers M&T earnings estimate

* Cite new delay of merger with Hudson City Regional bank analysts at Janney Capital Markets on Tuesday lowered their earnings estimates for M&T Bank Corp., citing the latest delay of the Buffalo commercial bank’s merger with Paramus-based Hudson City Bancorp Inc. “We had previously expected the merger to close...

M&T mans the front line to fight money laundering

Regardless of how M&T Bank Corp.’s planned acquisition of Hudson City Bancorp plays out, one thing is clear: M&T will end up with a much stronger system for fighting money laundering. Buffalo-based M&T and New Jersey-based Hudson City Bancorp still want to complete their $3.7 billion merger – a marriage...