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Finalists Announced for the 2021 Robert G Wilmers Integrity Prize
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Brian Withers has been a Fool since 2004 and loves to invest in companies that are disrupting the status quo. His best investment was to get his kids into Foolish stocks at the young ages of 5 & 7. Prior to starting his contract writer role with The Fool, he spent 30 years between IBM, Dell, and Allergan helping make their operations run better. When he s not writing, you can find Brian riding his bike around the Research Triangle Area in North Carolina. Feel free to reach Brian via email: bwithbike@gmail.com. Follow @bwithbike
For tech investors, banks don t usually get much attention, but there is one that just might pique your interest.
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After every major financial crisis over the past century, policymakers in the executive and legislative branches of the United States government have passed sweeping legislation to overhaul the way banks do business.
The Panic of 1907 prompted the Federal Reserve Act of 1913, which created our central bank. The Great Depression led to the Glass-Steagall Act of 1933, which established the Federal Deposit Insurance Corporation and prohibited the cohabitation of investment and commercial banks. And the litany of crises throughout the 1970s and 1980s convinced Congress to broadly deregulate the bank industry through a series of wide-ranging legislative acts.
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NEW YORK, Feb. 17, 2021 /PRNewswire/ The Robert G. Wilmers Integrity Prize has begun accepting applications and nominations for its inaugural $50,000 prize, which will be awarded to an individual who is actively working to make a positive difference in their community.
Robert G. Wilmers, late Chairman and CEO, M&T Bank
The Robert G. Wilmers Integrity Prize has begun accepting applications and nominations for its inaugural $50,000 prize.
The prize is named after Robert G. Wilmers, the late chairman and CEO of M&T Bank Corp., who led the Buffalo, New York-based bank from 1983 until his passing on Dec. 16, 2017. In addition to being one of the most accomplished and prudent financiers of his era, Mr. Wilmers was known for generously supporting the communities in which he lived and worked.
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