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Sen. Blumenthal Calls For Federal Investigation Into M&T Bank After Customer Complaints

Summary by Ground News
U.S. Sen. Richard Blumenthal is the latest state leader to chastise M&T Bank. The merger last weekend has left some customers without access to their bank accounts. Blumenthal is asking the Federal Reserve and the Consumer Financial Protection Bureau to investigate. Connecticut Attorney General William Tong also sent a letter to the bank.
Published 5 months ago

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Sen. Blumenthal Calls For Federal Investigation Into M&T Bank After Customer Complaints

One of Connecticut’s U.S. senators is now asking for an investigation into the recent conversion of People’s United Bank to M&T Bank. The switchover after Labor Day weekend left some customers with headaches — some that continue to this day. Friday, Sen. Richard Blumenthal called on the Federal Reserve and Consumer Financial Bureau to review M&T’s handling of the changeover....

5 months ago
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Sen. Richard Blumenthal calls on Federal Reserve to investigate M&T Bank for ‘failed transition’

HARTFORD, Conn (WTNH) -- U.S. Sen. Richard Blumenthal is the latest state leader to chastise M&T Bank following a merger last weekend that has left some customers without access to their bank accounts.The Democrat is asking the Federal Reserve and the Consumer Financial Protection Bureau to investigate the merger and "take any necessary enforcement action" against it, according to a letter from the senator to the two agencies."I am deeply concer…

5 months ago
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Blumenthal calls for investigation into M&T Bank-People's United conversion after 'chaos'

Connecticut Sen. Richard Blumenthal wants an investigation into M&T Bank after the conversion from People's United left many without access to their accounts.

5 months ago
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Blumenthal urges federal agencies to investigate M&T Bank’s handling of account merger with People’s United Bank that ‘led to chaos for far too many’

U.S. Sen. Richard Blumenthal Friday called on two federal agencies to investigate the disruption to consumer and business accounts in M&T Bank’s takeover of People’s United Bank.

5 months ago·Hartford, United States
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Bias Distribution

75% of the sources are Center
Hartford Courant
NBC Connecticut
WTNH
CT Insider
L 25%
C 75%
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