M&T says Tricolor-related lawsuit could lead to losses

Key insight: M&T Bank's Wilmington Trust subsidiary plans to defend itself against allegations that it didn't appropriately fulfill its duties as custodian to several Tricolor-related trusts.What's at stake: The collapse of the subprime auto lender in September led to hundreds of millions of dollars in losses across lenders and investors. Federal prosecutors have brought fraud charges against several former Tricolor executives.Forward look: Wilmington Trust may take a financial hit, though the company hasn' ...