August 29, 2012 |
Word that M&T Bank would be expanding into New Jersey by acquiring Hudson City Savings Bank had me diving into Federal Deposit Insurance Corp. data to see how it might affect the Philadelphia area, even though the target has a small footprint here. Hudson City is more of a New York metropolitan-area institution, with about $25 billion in deposits. Hudson City has just five branches in Burlington, Camden, and Gloucester Counties, but FDIC data show that depositors had $972.3 million at those branches as of June 30, 2011.
January 19, 2012 |
Police are looking for a man who staged stickups at two banks two blocks apart in Southwest Philadelphia this morning. It is not clear yet if the thief made off with any money from the M&T Bank branch at 6301 Woodland Ave. or the Sovereign Bank branch at 6500 Woodland Ave. Police are using a photo taken from surveillance video in their hunt for the bandit.
November 12, 2009 |
We have all done it - forgotten to turn off the lights or pay a bill, or left home without our lunch. Sometime between Tuesday night and yesterday morning, someone at a bank in Upper Darby apparently forgot to lock the door, giving new meaning to "open 24 hours. " Oops. No worries. Nothing was missing, police say. Around 9:10 yesterday morning, police received a call about a possible robbery at the M&T Bank at 824 Lansdowne Ave. When they arrived, a customer was waiting outside.
September 28, 2004 |
Police and the FBI are looking for two robbers who reportedly stole at least $100,000 from a bank in Bensalem yesterday. Armed with handguns, two African American men wearing stocking masks entered the M&T Bank branch at Bristol Pike and Mill Road in Bensalem Township at 9:45 a.m. and forced bank employees and a UPS driver into the vault, said Jerri Williams, a spokesman for the Philadelphia division of the FBI. Witnesses described one...
July 13, 2010 |
The stories didn't add up. A small-business owner supporting Republican former U.S. Rep. Pat Toomey for the U.S. Senate said she wants government to stop spending her tax dollars to help bail out companies. A spokesman for U.S. Rep. Joe Sestak, Toomey's Democratic foe in the Nov. 2 election, noted that U.S. Small Business Administration records showed the activist, Mary Ellen Jones, received a $25,000 loan in 2007 for her home-health-care company. The truth yesterday - as often is the case in politics - was somewhere in the middle.
December 10, 2010 |
What was meant to look like a Christmas gift turned out to be most unwelcome at a Bensalem bank. Police said someone hung the package on the back door of the M&T Bank branch in the 1800 block of State Street between 8 and 8:25 a.m. Thursday. Inside the wrapped, shoebox-size box were two apparent pipe bombs, Bensalem Deputy Director of Public Safety Pat Ponticelli said. He said the devices were safely neutralized by the Philadelphia Police Bomb Squad, which is analyzing the materials to determine whether the bombs were functional.
January 5, 2010 |
Police are still looking for a man who used the threat of a bomb to steal $1,000 from a Ridley Park bank last week. The robbery took place shortly after 9 a.m. on Dec. 30 at the M&T Bank on E. Hinckley Avenue. "A black male entered the bank and went to a teller with a note that read he had a bomb and wanted money put into a bag," Ridley Park police said in a statement. "If the police were notified he would detonate the bomb. He then laid a pipe with wires coming from it on the counter and left with approximately $1,000 in U.S. currency," the statement read.
May 17, 2011 |
Cristobal Conde is leaving his job as boss at SunGard Data Systems , the $5 billion (yearly sales) Wayne data-recovery, financial, college, and government software company he has headed since 2002. Conde will be replaced May 31 by outsider Russell Fradin, a former executive at insurance broker Aon Hewitt and bank-tech giant Bisys Group . Conde remains an "important shareholder," says SunGard spokesman Brian Robins . "This is an amicable transition, and the timing is right.
August 24, 2011 |
C. Gilpin Gibbon, 87, a lawyer, bank founder, and civic activist, died of heart failure Friday, Aug. 19, at home in Chadds Ford. In 1952, after graduating from the University of Pennsylvania Law School, Mr. Gibbon became a partner with the firm of Whitney, Thornton, Gibbon & Monteith in Philadelphia. In the mid-1970s, he established a solo law practice in Bryn Mawr, specializing in trusts and estates. In recent years, he practiced from home. For many years, he taught at Temple University School of Law. While living in Gladwyne in the 1960s, Mr. Gibbon served on the Lower Merion Township Commission.
July 11, 2000 |
North Jersey businessmen M. Albert Nissim and Boaz Harel claimed victory over First Union Corp. in a civil trial last week in Philadelphia Common Pleas Court. A jury in Judge Gene Cohen's courtroom unanimously found in favor of Nissim's claim that First Union's predecessor, CoreStates Bank, wrongly took $1.7 million from Nissim's company, Pioneer Commercial Funding Corp., to settle a debt owed to the bank by another client of both companies, American Financial Mortgage Co. Nissim said CoreStates refused to pay the money back, and First Union gambled he would not fight.