M&T Bank Related Content

M&T Bank Partners with AI Company to Leverage Lending Insights at Customer and Portfolio Levels

Rich Data Co (RDC) has signed its first major U.S. deal with M&T Bank. The partnership sees M&T join a growing number of lenders globally adopting AI for improved decision-making and enhanced customer experiences. read more

M&T Bank Partners with Sunstone Credit on Solar Financing Program for Businesses

Commercial solar loan platform Sunstone Credit is partnering with M&T Bank on a program to provide businesses access to solar financing. read more

Former LEAF Commercial Capital CEO DeMent to Retire in 2024

Crit DeMent, who led LEAF Commercial Capital as CEO from its creation to earlier this year, will step away from his current position as chairman of the company to retire in 2024. read more

M&T Bank Promotes Hutton to Delaware Regional President

M&T Bank named Mark Hutton Delaware regional president. Hutton assumed the role following the retirement of Nick Lambrow, the bank's former top executive in the state, on July 7. read more

M&T Bank Announces Multiple Commercial Bank Leadership Appointments

M&T Bank announced a slate of leadership updates in its commercial bank to support its ongoing evolution and commitment to providing best-in-class support to its clients and communities. read more

Wilmington Trust Sells Collective Investment Trust Business to Madison Dearborn Partners

Wilmington Trust, a wholly-owned subsidiary of M&T Bank, agreed to sell its Collective Investment Trust (Cit) business to Madison Dearborn Partners, a private equity firm based in Chicago. read more

MarineMax Completes $1.35B in Credit Facilities

MarineMax, a recreational boat and yacht retailer, completed $1.35 billion in senior secured credit facilities. M&T Bank led the facilities as administrative agent and joint lead arranger, along with Wells Fargo Commercial Distribution Finance as joint lead arranger and floor plan agent. read more

M&T Bank Appoints Mazza SVP and Senior Equipment Finance Rep

M&T Bank appointed Enrico Mazza senior vice president and senior equipment finance representative in commercial equipment finance. Mazza spent the last eight years as a commercial bank territory manager with Wells Fargo Equipment Finance. read more

Gold to Retire as President and COO of M&T Bank in 2023

Richard Gold, president and chief operating officer for M&T Bank, intends to retire, effective after Q1/23. Gold plans to remain on the board of directors of M&T Bank. read more

M&T Bank Names Robinson Regional President for Tarrytown, NY

M&T Bank named Tyré Robinson regional president for Tarrytown, NY. She will also continue to serve in her previous role as business banking lead for the Tarrytown and Hudson Valley regions in New York, a role she has held since 2020. read more

M&T Bank Increases ABLE Equipment Rental’s ABL to $175MM

ABLE Equipment Rental increased its existing asset-based loan with M&T Bank as lead arranger and administrative agent. The $175 million facility is now comprised of a $125 million revolving line of credit along with the original $15 million term loan facility. read more

Federal Reserve Approves M&T Bank’s Acquisition of People’s United Financial

The board of governors of the Federal Reserve System provided regulatory approval for M&T Bank’s acquisition of People’s United Financial.   read more

M&T Bank and People’s United Extend Merger Agreement

M&T Bank and People's United Financial agreed to extend their merger agreement from Feb. 21, 2022, to June 1, 2022. read more

Bank-Owned Equipment Finance Traverses Challenges of 2021, Preps for ‘Robust’ 2022

Ellen Comeaux of TIAA Bank, Chris Craft of 1st Source Bank, David A. Normandin of Wintrust Specialty Finance and John Wolfe of M&T Bank sifted through the challenges and opportunities of 2021 to provide the bank perspective on the equipment finance industry. ... read more

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