M&T Bank Corp CEO René Jones has made the case for holding digital banks to the same regulatory standards as traditional financial institutions (FIs). In his annual letter to shareholders, Jones said the growth of new, unregulated financial companies threaten regulatory protections such as the Community...
March 02, 2022
M&T Bank Corp CEO René Jones has made the case for holding digital banks to the same regulatory standards as traditional financial institutions (FIs). In his annual letter to shareholders, Jones said the growth of new, unregulated financial companies threaten regulatory protections such as the Community Reinvestment Act which was enacted to safeguard the most vulnerable. […]
