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Pre-tax profit rose 15 percent to nearly $22 billion at HSBC Holdings plc in 2011, the banking company announced today. Earnings per share totaled 92
Companies owned by state retirement fund to disclose political spending
Three California companies will reveal political spending of corporate funds under a new agreement with the New York state comptroller. Comptroller Thomas DiNapoli announced the
Elmira Savings Bank to pay quarterly dividend of 22 cents a share
ELMIRA — The board of directors of Elmira Savings Bank (ticker: ESBK) has declared a 22 cents per share cash dividend on its common shares
M&T rolls out mobile banking for business clients
M&T Bank has introduced a new mobile banking service for business customers. Businesses can pay bills, view accounts, perform transfers, and more online with the
Chemung Canal set to reopen Owego branches
OWEGO — Chemung Canal Trust Co. will reopen its branch at 203 Main St. in Owego Tuesday and its branch on Route 17C on Feb.
First Niagara plans to close HSBC deal in May
First Niagara Financial Group (NASDAQ: FNFG) said today it expects to close its acquisition of HSBC Bank’s upstate New York branch network on May 18.
Financial Quarterly Investment Panel – 2/10/12
Editor’s note: The Investment Panel feature appears regularly in our Financial Quarterly publication, spotlighting area investment professionals and their views on the markets and investments. In this issue, we chat with Jim Burns, Vinayak Rao, and Brian Schmidt. We interviewed them separately, but asked the same questions. Burns talked via telephone, while Rao and Schmidt
Fourth-quarter slide doesn’t derail record full-year earnings at Chemung Financial
ELMIRA — The acquisition of Fort Orange Financial Corp. in the second quarter of last year helped push earnings at Chemung Financial Corp. to record
Peoples 4th-quarter profit slips, but annual earnings rise
HALLSTEAD, Pa. — Peoples Financial Services Corp. (Ticker: PFIS) recently reported that its profit in the fourth quarter fell from a year ago. But that
Solvay Bank earnings decline in fourth quarter, rise in full year
SOLVAY — Solvay Bank Corp., the holding company for Solvay Bank, earned $1.3 million in the fourth quarter, down $143,000 from the same period in
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