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M&T Bank, People's United Financial get merger approval from the Fed

Mar. 04, 2022 4:50 PM ETMTBBy: Liz Kiesche, SA News Editor

M&T Bank Corporation

M. Suhail/iStock Editorial via Getty Images

  • M&T Bank's (NYSE:MTB) application to acquire People's United Financial (NASDAQ:PBCT) was approved by the Federal Reserve Board, the bank regulator said on Friday.
  • The Federal Reserve Board will incorporate the effects of the acquisition

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