New York, June 19, 2015 -- Moody's Investors Service upgraded Manufacturers and Traders Trust Company's long-term deposit rating to Aa2 from Aa3 and confirmed the bank's senior unsecured debt and issuer ratings at A2. The bank's (P)P-1 short-term bank note program rating was also confirmed. Moody's also upgraded the long-term deposit rating of Wilmington Trust, National Association to Aa2 from Aa3 and confirmed the issuer rating of Wilmington Trust Company at A2. This action concludes the review that began on 17 March 2015. All other ratings for Manufacturers and Traders Trust Company and its holding company, M&T Bank Corporation, as well as for its other rated subsidiaries, remain unchanged, including the bank's a2 baseline credit assessment (BCA). The outlook is stable.

Vollständigen Artikel bei Moodys lesen