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This analyst suggests a merger partner for M&T Bank

Could a merger of banks push regional lenders together in order to keep up with the ever-rapid speed of technology.
Credit: WGRZ

BB&T Corp.’s pending purchase of SunTrust Banks Inc. – the largest bank acquisition in a decade – is on track to not only reshape the financial services landscape in the southeastern United States. It could also push other regional lenders together in order to keep up with the ever-rapid speed of technology.

So which banks might fit together?   According to one industry analyst, PNC Financial Services Group Inc. in Pittsburgh and Regions Financial Corp. in Birmingham could be a good pair. So too would U.S. Bancorp in Minneapolis and Comerica Inc. in Dallas.   

The same goes for M&T Bank Corp. in Buffalo and Citizens Financial Group Inc. in Providence, Rhode Island.  To read the full article, check out Buffalo Business First's website

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