M&T Bank CEO Wilmers Rails Against 'Astronomical' Banker Pay
Posted on March 07, 2013 at 16:54 PM EST
M&T Bank Corp.'s (MTB) Chief Executive Robert Wilmers railed against the "astronomical" pay of his fellow bank executives, calling on them to rein in their compensation while singling out the "Big Six" banking "oligopoly" for its outsized paychecks and serial regulatory lapses that continue to shade the public perception of banks.