One size fits none in quest to define ideal bank board
M&T's board sticks out for a couple reasons: It's bigger than those at other regionals, and it has a relatively large share of inside directors.
The Buffalo, N.Y., bank's recent election to the board of Kevin Pearson - its vice chairman in charge of commercial banking, among other functions - gave it 18 directors. Most other regionals have 12 to 14.
Pearson became its fourth inside director. That is not a large number, but at 22% of the total board, the $119 billion-asset M&T's share...