People’s United Financial stock (NASDAQ: PBCT) has gained 1.9% in the last week, outperforming the S&P 500 (down 3.2%). Thecurrent stock marketvolatility is attributable to the crisis between Ukraine and Russia, as well as the United States’ record-high inflation data. Further, it announced last week that required regulatory permission has been received from the Federal Reserve Board of Governors to complete the acquisition of People’s United by M&T Bank Corporation.