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Profit at Alliance unchanged in Q4, earnings rise in 2011
SYRACUSE – Alliance Financial Corp. (NASDAQ: ALNC) earned $2.8 million in the fourth quarter, unchanged from a year earlier. Earnings per share in the period
HSBC, First Niagara deal is ‘attractive,’ CEO says
DeWITT — The addition of 19 branches from HSBC and First Niagara Financial Group, Inc. will strengthen core upstate New York markets for Community Bank System, Inc. (NYSE: CBU), the company’s CEO said. DeWitt–based Community Bank System announced plans Jan. 20 to acquire the 19 branches for a deposit premium of 3.22 percent. The deal,
New branches to boost Key in upstate New York
The acquisition of 37 HSBC branches in the Buffalo and Rochester areas will strengthen KeyBank’s business in upstate New York, KeyCorp (NYSE: KEY) Chairwoman and CEO Beth Mooney said in a conference call Jan. 24. Increasing market share and its physical presence in markets over time helps the bank add new clients, increase revenue, and enhances its
ShoreGroup to expand in Onondaga County
SYRACUSE – ShoreGroup, Inc., a New York City-based information-technology company, plans to create 200 jobs new jobs in Onondaga County by the end of 2016.
Tompkins Financial plans Pa. acquisition
ITHACA — A Ithaca–based banking company is expanding into Pennsylvania with an acquisition. Tompkins Financial Corp. (NYSE Amex: TMP) announced plans today to acquire VIST
Seifter to become St. Joseph’s Hospital general counsel
SYRACUSE — Lowell Seifter will step down from the law firm that bears his name at the end of January and head to the hospital. Seifter, an attorney and one of the founding members of Green & Seifter, Attorneys, PLLC in Syracuse, will not be in a patient’s room, though. He is joining St. Joseph’s
Community Bank to pick up 19 First Niagara, HSBC branches
DeWITT — Community Bank System, Inc. (NYSE: CBU) of DeWitt announced plans today to acquire 19 HSBC and First Niagara branches later this year for
Insurers settle with A.G. over online in-network lists
Eight health insurers have agreed to maintain accurate provider directories on their websites as part of a settlement with the state attorney general’s office. The
Protest against SOPA, PIPA includes SU’s iSchool
SYRACUSE — Syracuse University’s School of Information Studies (iSchool) is participating in a protest today against two bills in Congress aimed at combating online piracy.
M&T Bank Corp. (NYSE: MTB) earned $148 million in the fourth quarter, down from $204 million a year earlier. Earnings per share in the period totaled
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