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Tag Archives: M&T Bank

Md.’s big banks offer employee bonuses amid tax cuts

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 ...

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M&T Bank moving regional headquarters to 1 Light St.

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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M&T survey: Small-business owners cautiously optimistic about economy

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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Md. financial institutions pledge time and money to BLocal

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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Ex-Hopkins exec Grossi elected to M&T’s board

M&T Bank Corporation has named Richard A. Grossi, a former senior vice president and CFO at Johns Hopkins Medicine as the newest member of the bank’s board of directors, effective today. Grossi has more than forty years of experience in higher ...

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M&T Bank’s purchase of Hudson City approved

M&T Bank Corp. received permission to complete its three-year quest to buy Hudson City Bancorp Inc., the biggest pending U.S. bank deal. The acquisition, valued at about $5.4 billion, was approved by the Federal Reserve Wednesday. The transaction is expected ...

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‘We’ve got some work to do at home’

August “Augie” Chiasera, president of the Greater Baltimore/Chesapeake Regions at M&T Bank, remembers watching the riots erupt in April and being jarred by what he saw. Chiasera said watching the violence, which engulfed parts of the city in reaction to ...

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