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Friday, August 19, 2011

M&T Bank Chairman Says Banks Must Lend Money to Firms to Increase Employment

M&T Bank Chairman Says Banks Must Lend Money to Firms to Increase Employment
America can't create jobs without small businesses, which in turn can't hire people without loans from banks. That was the message Robert G. Wilmers, M&T Bank chairman and chief executive officer, delivered Wednesday near the end of the three-day America East conference for Small Business Administration lenders. Wilmers, speaking at the Buffalo Niagara Convention Center, said he is "troubled by the way things are today" in the economy and the banking industry. . . .
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