CleanCapital, a fully integrated, diversified clean energy company, announced it has acquired an operating solar portfolio made up of two brownfield assets—Steel Sun II and Homeridae—totaling 13 megawatts (MW). The projects, which supply clean energy...
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August 13, 2024, 07:20 AM
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M&T Bank announced Scott Weissmann, a longtime veteran of the equipment finance industry, has been promoted to Line of Business Manager for M&T Commercial Equipment Finance, part of the M&T Equipment Finance Group.Weissmann has more than 24 years of...
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May 14, 2024, 07:22 AM
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Sunstone Credit, a commercial solar loan platform that helps businesses switch to clean energy, announced a program with M&T Bank to give more businesses access to easy, affordable solar financing.Despite the advantages and incentives for businesses...
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April 26, 2024, 07:18 AM
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M&T Bank Corporation announced it has appointed Sarah Knakmuhs as chief communications officer.In this newly created role, Knakmuhs will continue to evolve and mature M&T's communication platforms and capabilities to enhance the bank's profile and...
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March 22, 2024, 07:05 AM
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M&T Bank announced its appointment of Phil Cohen as Regional President of Maine. In this role, Cohen will partner with M&T's Community Bank leadership team—which includes members from its retail, business banking, wealth management, and charitable...
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September 15, 2023, 07:05 AM
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LEAF Commercial Capital, Inc., a U.S. equipment leasing and finance company and subsidiary of M&T Bank, announced that Crit DeMent, who led the company as CEO from its creation until earlier this year, will step away from his current position as LEAF...
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August 04, 2023, 07:25 AM
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M&T Bank has named Mark Hutton as Delaware Regional President – assuming the role following the July 7 retirement of the bank's former top executive in the state, Nick Lambrow.Hutton, who joined the bank in 2008, has served as M&T's executive Vice...
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August 04, 2023, 07:15 AM
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MarineMax, the world’s largest recreational boat, yacht, and superyacht services company, announced the expansion of its floor plan facility from $750 million to $950 million, further increasing the Company’s liquidity and financial flexibility for...
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July 17, 2023, 07:15 AM
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M&T Bank has announced a slate of leadership updates in its Commercial Bank which are designed to support its ongoing evolution and commitment to providing best-in-class support to its clients and communities. These changes include the following...
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June 29, 2023, 07:23 AM
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M&T Bank announce the appointment of Heidi Stumpff as the new Regional President for Vermont. With 24 years in the banking industry, including the last decade at People’s United Bank, Stumpff brings a wealth of knowledge and leadership to the M&T...
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May 16, 2023, 07:15 AM
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LEAF Commercial Capital, Inc., a U.S. equipment leasing and finance company and subsidiary of M&T Bank, announced Miles Herman, formerly LEAF President and COO, is assuming the role of Chief Executive Officer, with former CEO Crit DeMent continuing...
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April 05, 2023, 07:25 AM
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Financial Institutions, Inc., parent company of Five Star Bank, SDN Insurance Agency, LLC, Courier Capital, LLC and HNP Capital, LLC, announced Gary Pacos has joined the Bank as Chief Risk Officer (CRO). In his role, Pacos will be responsible for all...
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February 28, 2023, 07:00 AM
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Rockland Trust Company and its bank holding company parent Independent Bank Corp announced the appointment of Jeffrey J. Tengel as the successor to current Chief Executive Officer, Christopher Oddleifson, effective Feb. 6.Oddleifson has served as the...
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January 10, 2023, 07:22 AM
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M&T Bank Corporation announced several key changes to its leadership team, reporting to Chairman and Chief Executive Officer René Jones.Daryl Bible will join M&T as its next Chief Financial Officer in the second quarter of 2023. Bible brings three...
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December 15, 2022, 07:19 AM
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M&T Bank announced the appointment of Ishet Dhar in the role of Chief Digital Officer (CDO). This decision reflects M&T's increasing focus on digital and its role creating simple, differentiated experiences for customers and employees.Dhar has over...
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August 17, 2022, 07:23 AM
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Enrico Mazza joined M&T Bank as Senior Vice President and Senior Equipment Finance Representative in Commercial Equipment Finance. Mazza is a graduate of Drexel University and has over 25 years of experience in the equipment finance industry...
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August 05, 2022, 07:22 AM
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M&T Bank has appointed Dominique Goss to the new role of Executive Director of the M&T Charitable Foundation. She will steer the bank's corporate giving strategy and ensure the foundation's community impact remains inclusive, equitable and diverse...
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July 22, 2022, 07:03 AM
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M&T Bank announced plans to launch its Multicultural Small Business Innovation Lab in Bridgeport, CT. This seven-week program is designed to help local multicultural business owners thrive, grow and pursue new ideas by providing guidance and skills...
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July 05, 2022, 07:21 AM
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Richard ("Rich") Gold, President and Chief Operating Officer for M&T Bank Corporation, has announced his intention to retire, effective after the first quarter of 2023. Gold plans to remain on the Board of Directors of M&T Bank."It's difficult to...
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June 16, 2022, 07:25 AM
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M&T Bank named four Regional Presidents: Grace Lee, Frank Micalizzi, Tyré Robinson and Michael Seaver. Micalizzi and Seaver also were named Head of Commercial Banking for their respective states. Frank MicalizziMicalizzi has been named M&T Bank...
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May 13, 2022, 07:23 AM
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ABLE Equipment Rental, Inc. of NY (ABLE) a supplier of construction equipment rentals, sales, service and parts, announced an increase to its existing Asset Based Loan with M&T Bank as Lead Arranger and Administrative Agent.The $175 million facility...
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May 12, 2022, 07:10 AM
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M&T Bank Corp. has named Peter D’Arcy as Head of Commercial Banking. D’Arcy, a longtime M&T employee, is to succeed Gino Martocci, who is retiring. The transition is expected to take place on July 1. The move was first reported by Bloomberg, which...
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April 27, 2022, 07:22 AM
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M&T Bank Corporation announced the successful completion of its acquisition of People's United Financial, Inc. valued at $8.3 billion. The combined company employs more than 22,000 people and has a network of over 1,000 branches and 2,200 ATMs that...
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April 04, 2022, 07:20 AM
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M&T Bank Corporation and People's United Financial, Inc. jointly announced the closing of the previously announced merger between the two companies is expected to occur on or about April 1, subject to the satisfaction or waiver of the remaining...
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March 08, 2022, 07:16 AM
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M&T Bank Corporation announced receipt of regulatory approval from the Board of Governors of the Federal Reserve System to complete the previously announced acquisition of People's United Financial, Inc. The transaction has also received approval...
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March 07, 2022, 07:20 AM
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M&T Bank Chairman and CEO René Jones released his letter to shareholders, an annual tradition featuring candid insights on the banking industry and the communities in which M&T operates. This year's letter explores the impact of the pandemic, the...
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March 02, 2022, 07:19 AM
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M&T Bank Corporation and People's United Financial, Inc. jointly announced the two companies have agreed to extend their merger agreement from Feb. 21 to June 1.The companies announced a year ago that M&T Bank had agreed to acquire People’s United...
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February 22, 2022, 07:23 AM
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The Federal Reserve Bank of New York announced that René F. Jones, Chairman and Chief Executive Officer of M&T Bank Corp., has been elected as a Class A director representing Group 1, which consists of banks with capital and surplus of more than $2...
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January 04, 2022, 07:20 AM
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M&T Bank Corporation announced it has received approval from the New York State Department of Financial Services and the Connecticut Department of Banking to complete the merger of M&T Bank with People's United Bank. The combined bank will create a...
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October 22, 2021, 07:20 AM
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Connecticut Attorney General William Tong wrote to leadership of M&T Bank and People’s United Bank seeking detailed information regarding efforts to mitigate job losses and adverse economic impacts to Connecticut workers and communities. Last month...
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August 03, 2021, 07:12 AM
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M&T Bank Corporation and People's United Financial, Inc. issued an update on their pending merger to create a diversified, community-focused banking franchise. Last week, M&T issued Worker Adjustment and Retraining Notification (WARN) in two states...
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July 27, 2021, 07:21 AM
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A Worker Adjustment and Retraining Notification Act (WARN Act) notice filed by M&T Bank Corporation, based in Buffalo, NY, with State of Connecticut Labor Department on July 22 shows M&T Bank plans to lay off 747 People’s United Bank employees...
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July 26, 2021, 07:20 AM
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M&T Bank Corporation announced it has named Maya Dillon as Head of Corporate Communications, a newly created role. Dillon previously held the role of Head of Corporate Communications for Wilmington Trust, a provider of wealth and institutional...
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June 22, 2021, 07:09 AM
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M&T Bank Corporation and People's United Financial, Inc. jointly announced that, at their respective special meetings of shareholders, they each received the necessary shareholder approvals for the consummation of the merger of People's United into...
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May 27, 2021, 07:23 AM
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M&T Bank announced John Wolfe has been named Line of Business Manager for Commercial Equipment Finance (CEF) effective April 1. He has been with M&T for 36 years and the Director of Business Development for CEF during the past 10 years. Prior to...
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March 26, 2021, 07:25 AM
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M&T Bank Corporation and People's United Financial, Inc. announced they have entered into a definitive agreement under which M&T will acquire People's United in an all-stock transaction.The combined company will create a diversified...
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February 22, 2021, 07:25 AM
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IEC Electronics Corp. and M&T Bank on June 4 entered into a master equipment lease for a lease line of up to $10 million in lease value of equipment to the company, IEC reported in a filing with the Securities and Exchange Commission. IEC...
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June 15, 2020, 07:25 AM
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M&T Bank announced Andre J. Campos was appointed Vice President, Syndication and Transaction Sourcing for the bank’s Commercial Equipment Finance (CEF) Division, which assists commercial clients with financing for new and used essential...
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November 19, 2019, 07:25 AM
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Duke Energy Renewables, a subsidiary of Duke Energy, announced its 150-megawatt (MW) North Rosamond solar project in Kern County, CA, has begun commercial operation. It is the largest solar project in Duke Energy Renewables' fleet.M&T Bank's...
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June 20, 2019, 07:20 AM
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M&T Bank has begun a series of steps to grow its Commercial Equipment Finance Division and serve more commercial and municipal customers across the country.The changes include a team of experienced equipment financing specialists appointed to...
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April 03, 2019, 07:25 AM
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M&T Bank announced Mark Adiletta was appointed Vice President, Group Manager for the bank in the Commercial Equipment Finance Division (CEF). He joins M&T Bank from Carreden Group where, as a founding partner of the Lease Advisory and Asset Finance...
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March 08, 2019, 07:25 AM
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WGL Energy Systems, Inc., a WGL company, announced it has secured a $75 million financing package from M&T Bank to provide funding for future solar energy projects.
WGL Energy seeks to expand its renewable energy programs and will partner with...
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August 14, 2018, 07:08 AM
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M&T Bank has provided $22.4 million in equipment lease financing for Cianbro Corporation to complete the construction and commissioning of the largest solar producing energy facility in Maine, and within the jurisdiction of ISO New England.The...
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March 01, 2018, 07:15 AM
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A new survey from M&T Bank suggests that many middle market firms are looking forward to potential changes in economic policy under President Trump’s new administration and plan to increase capital spending this quarter as a result.According to the...
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March 10, 2017, 07:18 AM
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MarineMax, the nation’s largest recreational boat retailer, announced that it has expanded its financing facility to provide for borrowings of up to $260 million from the previous limit of $235 million.The expanded facility has a three-year term...
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November 06, 2015, 06:24 AM
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Bloomberg reported M&T Bank’s $3.7 billion takeover of Hudson City Bancorp, the largest bank deal announced this year, solidifies the Buffalo, New York-based lender’s status as a hunter instead of the hunted. With Hudson City, M&T probably will rank...
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August 28, 2012, 07:30 AM
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