René Jones is calling for the regulation of fintechs as part of an effort to decrease the widening economic gap in the United States. In his 2019 letter to shareholders, the chairman and CEO of M&T Bank (NYSE: MTB) says there are risks involved in doing business with non-bank entities that use digital capabilities to move money and make loans.

Topics:  rené jones   united   states   ceo   m&t bank nyse   mtb    federal insurance deposit   corp    today   letter   fintechs   regulation   
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