BUFFALO, N.Y. — M&T Bank Corp. (NYSE: MTB) and Paramus, N.J.–based Hudson City Bancorp. Inc. (NASDAQ: HCBK) have again extended the deadline for finalizing their merger that they first announced in late August 2012. The banking companies said in a news release last Friday that they have pushed the deadline… – Continue reading
* 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… – Continue reading
NEW YORK ( The Deal) — Hudson City Bancorp (HCBK – Get Report) and M&T Bank (MTB – Get Report) on Monday said they will “take a short period of time to review the situation” after the Federal Reserve on Friday said that it won’t be able to complete its… – Continue reading
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… – Continue reading
