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M&T Bank Corporation Message Board

  • hennny28 hennny28 Apr 14, 2013 10:49 PM Flag

    BSA ?

    How can a bank not be prepared for this. Seems like lack of leadership ! someone needs to answer these questions. Why??? They want to take over?? Must revisit this merger and think r they capable ? I'm voting NO

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    • The Federal Reserve is on an AML kick. They've gone after Citibank and HSBC for the same thing. Probably many more banks in the future will encounter the same. M&T is a very conservative and efficient bank respected by most banking sector analysts. I would like to know who regulates the Fed and would be more concerned about the long term damage QE is causing to the value of the dollars we have in our banks than M&T's BSA systems.

      Sentiment: Buy

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