Arthur Levitt Jr. Rejoins Board Of M&T Bank Corporation as Advisory Director.Business Editors BUFFALO, N.Y.--(BUSINESS WIRE)--July 25, 2001 M&T Bank Corporation ("M&T")(NYSE NYSE See: New York Stock Exchange :MTB) announced today that Arthur Levitt, Jr. has rejoined its board as an advisory director. Mr. Levitt became associated with M&T in December of 1987 following its merger with The East New York Savings Bank, where he had previously served as a trustee. After East New York converted from a mutual to a stock form savings bank, he continued his service as a director until July 1993, when President Clinton appointed him as the Chairman of the United States Securities and Exchange Commission. Mr. Levitt became the longest serving Chairman of the Commission, completing his service in February of 2001. Before joining the Commission, Mr. Levitt owned Roll Call, a newspaper that covers Capitol Hill. From 1989 to 1993, he served as the Chairman of the New York City Economic Development Corporation Overview New York City Economic Development Corporation (NYCEDC) is a non-profit local development corporation that promotes economic growth across New York City's five boroughs. , and from 1978 to 1989 he was the Chairman of the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. . Prior to joining the AMEX AMEX See: American Stock Exchange , Mr. Levitt worked for 16 years on Wall Street. He is a Phi Beta Kappa Phi Beta Kappa: see fraternity. Phi Beta Kappa Leading academic honour society in the U.S., which draws its membership from college and university students. The oldest Greek-letter society in the U.S. from, and a former trustee of, Williams College. M&T Bank Corporation also announced that Mr. Levitt has joined the Directors Advisory Council - New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. Division of Manufacturers and Traders Trust Company ("M&T Bank"), M&T Bank Corporation's lead bank subsidiary. M&T Bank Corporation is a $31 billion bank holding company whose subsidiaries include M&T Bank (Buffalo, New York), and M&T Bank, National Association (Oakfield, New York). |
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