Page 21 - மக்கள் ஒன்றுபட்டது நிதி இன்க் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

M&T joins regional-bank merger rush with US$7.6B deal Matthew Monks and Hannah Levitt, Bloomberg News Vehicles drive past an M&T Bank branch in New York, U.S., on Saturday, Jan. 13, 2018. M&T Bank Corp. is scheduled to release earnings figures on January 18. , Bloomberg M&T Bank Corp. agreed to buy People’s United Financial Inc. in an all-stock deal valued at about US$7.6 billion, joining a string of U.S. regional banks bulking up in recent months to fend off competition from industry giants. M&T Chief Executive Officer Rene Jones will lead the combined company, which will have about US$200 billion in assets and a network of more than 1,100 branches spanning 12 states from Maine to Virginia, M&T said Monday in a statement.

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