[$$] M&T Bank Earnings Slide 16% on Fading Mortgage Revenue

[$$] M&T Bank Earnings Slide 16% on Fading Mortgage Revenue

[at The Wall Street Journal] – M&T Bank Corp. said its first-quarter earnings fell 16%, as the bank was hit by slumping mortgage banking revenue—and higher costs for bolstering its risk monitoring and anti-money-laundering systems. more

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