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M&T says Tricolor-related lawsuit could lead to losses

American Banker - 19 Feb 2026 22:59
M&T says Tricolor-related lawsuit could lead to losses The Buffalo-based bank didn't specify the size of potential losses from a suit that grew out of the collapse of subprime auto lender Tricolor Holdings. M&T said its trust subsidiary will "vigorously defend itself" against claims by investors who allege that it should have protected them from alleged fraud.
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