M&T Bank will pay $100,000 to settle a lawsuit with the U.S. Equal Employment Opportunity Commission over allegations that a branch manager was terminated because of a pregnancy-related disability. The EEOC filed a federal lawsuit in 2016 alleging that the ...

Tagged with: discrimination eeoc M&T Bank Settlement

M&T Bank violated the Americans with Disabilities Act by failing to provide the reasonable accommodation of reassignment for a Baltimore branch manager after she took short-term disability leave during her complicated pregnancy, a federal judge has ruled. But U.S. District ...

Tagged with: Americans with Disabilities Act Equal Employment Opportunity Commission M&T Bank pretext reasonable accommodations

The partial shutdown of the federal government could have a noticeable effect on Maryland businesses, effects that may ripple into the state’s economy at large. As the shutdown continued into its 21st day Friday, the total effect it has had ...

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M&T Bank once again played a significant role in Baltimore’s Small Business Administration loan market, capturing making nearly half of the market’s loans.

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The competition for deposits among banks has heated up over the past couple of months as the Federal Reserve has raised interest rates three times this year. While the competition for deposits has encouraged banks to competitively price their products ...

Tagged with: certificate of deposit deposits howard bank M&T Bank Old Line Bank

In the wake of last year’s sweeping tax legislation, multiple large banks operating in Maryland have made commitments to increase salaries or pay out bonuses to employees. Five of Maryland’s largest banks accounting for more than half of the market ...

Tagged with: Bank of America BB&T Bank M&T Bank PNC Bank SunTrust Bank tax cuts wells fargo

M&T Bank’s decision to relocate its regional headquarters to the 28-story 1 Light St. building currently under construction could provide new momentum to keep major companies in Baltimore’s traditional central business district. The bank will relocate more than 500 employees ...

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With the presidential inauguration just days away, small-business owners are more optimistic about the economy than they were before the election, reported a new business economic outlook survey by M&T Bank released Tuesday. About 40 percent of small businesses surveyed ...

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A handful of financial institutions have signed on to be part of BLocal, an initiative that brings together 25 area businesses and organizations to direct more resources toward helping Baltimore residents and small businesses. Companies including T. Rowe Price, Legg ...

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Nine former M&T Bank employees have filed suit against the company, alleging they worked 60-hour weeks without overtime pay doing routine clerical work despite being hired to perform compliance and analytical tasks. The lawsuit, filed Wednesday in U.S. District Court ...

Tagged with: Fair Labor Standards Act lawsuit M&T Bank U.S. District Court in Baltimore