Two years ago, M&T Bank Corp. announced a $3.7 billion deal to buy Hudson City Bancorp. But regulators at the Federal Reserve have held up the deal ever since, a move that is widely seen as having helped chill the merger market for banks.
WSJ.com: What's News US, Wall Street Journal
Wed, 08/27/2014 - 11:23am
Two years ago, M&T Bank Corp. announced a $3.7 billion deal to buy Hudson City Bancorp. But regulators at the Federal Reserve have held up the deal ever since, a move that is widely seen as having helped chill the merger market for banks.