M&T Securities Inc. of Baltimore acquires two municipal bond funds
Daily Record, The (Baltimore), Feb 28, 2006 by Daily Record Staff
> M&T Securities Inc., of Baltimore, a broker-dealer subsidiary of M&T Bank, announced it has acquired two municipal bond funds from Friedman, Billings, Ramsey Group Inc. The addition of the FBR Maryland Tax-Free Portfolio (now called the MTB Maryland Municipal Bond Fund) and the FBR Virginia Tax-Free Portfolio (now the MTB Virginia Municipal Bond Fund) brings to four the number of municipal bond funds offered by MTB Funds.
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