TEK2day

Operating at the Intersection of Technology and the Capital Markets

    Tag: MTB

    • Banks Need To Try Something New

      Last night it was reported that M&T Bank (tkr: MTB) would acquire People’s United (tkr: PBCT) for more than $7 billion. These “scale” acquisitions between regional banks simply delay the inevitable. What is required is the hard work of evolving business models and service delivery capabilities. More of the same won’t suffice. Regional banks are…