Stifel Nicolaus Downgrades M&T Bank (MTB) to Hold

September 22, 2008 10:10 AM EDT

Stifel Nicolaus downgrades M&T Bank (NYSE: MTB) from Buy to Hold.

M&T Bank Corporation (M&T) is a bank holding company. At December 31, 2007, the Company had two wholly owned bank subsidiaries: M&T Bank and M&T Bank, National Association (M&T Bank, N.A.).


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