5/24/2013

Officials at midsize banks have grown reluctant to pursue mergers after regulators' scrutiny of M&T Bank's planned acquisition of Hudson City Bancorp. The Federal Reserve delayed the deal because of concerns about anti-money-laundering efforts at M&T, considered one of the most conservatively run banks in the country. Analysts say banks are avoiding consolidation attempts out of fear that regulators will expose potential weaknesses in their operations.

Related Summaries