First Niagara Financial Group
First Niagara Financial Group Newswire (Page 5)

First Niagara Financial Group Newswire (Page 5)

Comprehensive Real-Time News Feed for First Niagara Financial Group. (Page 5)

Results 81 - 100 of 160 in First Niagara Financial Group

  1. First Niagara replacing Uniontown branchRead the original story w/Photo

    Mar 6, 2015 | Business Journal

    First Niagara Financial Group is replacing its downtown Uniontown branch with a new office at 19 Beeson Blvd. that it expects to be completed by early summer.

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  2. The evolution of First Niagara Financial GroupRead the original story w/Photo

    Mar 6, 2015 | Business Journal

    What started 145 years ago in Niagara County as Farmers & Mechanics Savings Bank is now one of the largest financial companies operating in the Northeast. First Niagara Financial Group Inc. spent most of its years growing organically - until the early 2000s when the company's strategy changed.

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  3. First Niagara: On the brinkRead the original story w/Photo

    Mar 6, 2015 | Business Journal

    Gary Crosby didn't mince words in January 2014 during his first earnings call as the new president and CEO of First Niagara Financial Group Inc. The Buffalo banking company's Wall Street performance, he said, just wasn't good enough. So Crosby, who took the helm after the seemingly abrupt termination of John Koelmel in March 2013, laid out a new path: Spend as much as $250 million over four years to improve operations and generate more revenue, all in the name of raising the company's long-lagging stock price.

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  4. First Niagara delays earnings report releaseRead the original story w/Photo

    Mar 5, 2015 | Business Journal

    If you're waiting to read First Niagara Financial Group Inc.'s annual report, you're going to have to wait a bit longer. The Buffalo company filed a notice with the U.S. Securities and Exchange Commission that its annual report will be late this year as officials gather more information about how and why the pool of money set aside for loan and lease losses was inflated for the past several quarters.

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  5. Bank loan fund errorRead the original story w/Photo

    Feb 25, 2015 | Albany Times Union

    The First Niagara Bank l at 120 State Street Wednesday afternoon Feb. 25, 2015 in Albany, N.Y. The First Niagara Bank logo on the side of 120 State Street Wednesday afternoon Feb. 25, 2015 in Albany, N.Y. The First Niagara Bank l at 120 State Street Wednesday afternoon Feb. 25, 2015 in Albany, N.Y. First Niagara Bank of Buffalo has fired a "midlevel employee," saying the employee had overinflated the bank's allowance to cover bad loans for a year and a half, according to a federal regulatory filing late Tuesday. The bank, the fourth-largest in the Capital Region with 31 branches and a regional headquarters in Albany, said the problem dates back to mid-2013.

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  6. David Dreman bets on Barnes Group Inc.Read the original story

    Feb 25, 2015 | GuruFocus.com

    ... focus on the Financial Services sector, that represent the 28.8% of stocks. He has big stakes First Niagara Financial Group Inc. ( FNFG ), Gran Tierra Energy Inc. ( GTE ) and Rait Financial Trust ( RAS ) but over the last two years he heavily ...

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  7. First Niagara investigating discrepancies in loan loss allowanceRead the original story w/Photo

    Feb 25, 2015 | Business Journal

    A mid-level employee at First Niagara Financial Group Inc. has been fired in connection with a non-cash accounting error that resulted in an overstatement of the company's allowance for loan and lease losses for the period ending Dec. 31. The Buffalo parent of First Niagara Bank N.A. disclosed the issue Tuesday, saying the overstatement of the allowance dates to mid-2013 and continued through the fourth quarter of 2014. According to the company's fourth-quarter earnings report, the allowance for loan and lease losses totaled $241.4 million at the end of December, up from $209.3 million reported for the same quarter in 2013.

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  8. Range Resources net income jumps in 4th quarter; First Niagara finds...Read the original story w/Photo

    Feb 24, 2015 | Post-gazette.com

    Range Resources Corp. reported earnings Tuesday afternoon, posting a huge upswing in net income during the fourth quarter of 2014. The Fort Worth, Texas-based oil and gas company reported a profit of $284 million, or $1.68 per share, during the last three months of last year, compared to $28 million, or 17 cents per share, during the same time in 2013.

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  9. First Niagara Overestimated Bad-Debt ReserveRead the original story w/Photo

    Feb 24, 2015 | Wall Street Journal

    First Niagara Financial Group Inc. said it is reviewing its financial results since mid-2013 after discovering its reserve for bad debts had been overestimated.

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  10. First Niagara Blames Employee 'Misconduct' for Inflated ReservesRead the original story w/Photo

    Feb 24, 2015 | American Banker

    First Niagara Financial Group in Buffalo, N.Y., overstated its allowance for loan and lease losses from the middle of 2013 through the end of 2014 and may restate earnings for the period.

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  11. KeyBank stepping up assistance for small-biz ownersRead the original story w/Photo

    Feb 24, 2015 | Business Journal

    KeyBank N.A. plans to bolster its support to small business by creating a national business banking segment that streamlines customers' access to advice and other support services. The new segment - which will be led by Lisa Oliver , former Cleveland market president - is in the early stages of implementation.

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  12. First Niagara promotes White for HR, communicationsRead the original story w/Photo

    Feb 10, 2015 | Business Journal

    The seven-person executive management group at First Niagara Financial Group Inc. is growing by one with the addition of Kate White , who has been promoted to executive vice president. White, a Western New York native who previously worked for HSBC Bank USA N.A., is in charge of human resources and corporate communications.

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  13. First Niagara joins Apple Pay lineupRead the original story w/Photo

    Feb 6, 2015 | Business Journal

    First Niagara Bank N.A. is now among the several dozen U.S. banks and credit unions that support Apple Pay, the mobile payment service launched last year by Apple. Buffalo-headquartered First Niagara said Apple Pay is available to its Mastercard consumer credit and consumer debit cardholders who use an eligible Apple device, such as an iPhone 6 or an iPad Air 2. The payment system works by holding the device over a contactless terminal and accepting the charge with your fingerprint or passcode, thereby making purchases with more security and more privacy.

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  14. First Niagara Will See Increased Revenues Thanks To AppleRead the original story w/Photo

    Feb 5, 2015 | Seeking Alpha

    First Niagara Financial Group has just made an announced its offering Apple Pay, and I think this can drive use of its credit card at more retailers. I discuss how the company had increased its credit card income quarter-over-quarter from Q3 to Q4, but this income source has yet to be leveraged effectively.

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  15. First Niagara's Early Adoption Of Apple Pay Adds To Its Current Beautification ProjectRead the original story w/Photo

    Feb 5, 2015 | Seeking Alpha

    FNFG is now among the most digitally progressive regional banks in the KRE, with its announcement of Apple Pay adding to its already deep roster of digital capabilities. First Niagara Financial Group Inc. continues to make progress in its beautification project, "a comprehensive top-to-bottom re-design of our organization structure in order to streamline our company, be even more responsive to our customers and ultimately deliver a truly differentiated customer experience" , with its unexpected announcement of early adoption of Apple Pay .

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  16. Jericho Road in running for First Niagara grantRead the original story w/Photo

    Feb 5, 2015 | Business Journal

    A nonprofit health provider located in Buffalo is among eight groups competing for $20,000 from the First Niagara Foundation, the charitable entity of First Niagara Financial Group Inc. Jericho Road Community Health Center's Priscilla Project of Buffalo, which connects low-income pregnant refugee women with volunteer mentors, is the only local finalist in the 2015 First Niagara Mentoring Matters Grant Giveaway. The winner will be determined by the public, which can visit First Niagara's Facebook page between now and 5 p.m. Feb. 13 to watch short video submissions from each of the finalists and vote for the one they like the best.

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  17. Apple Pay Now Available to First Niagara CustomersRead the original story w/Photo

    Feb 5, 2015 | GlobeNewswire

    First Niagara Financial Group, Inc. now offers its MasterCard consumer credit and consumer debit cardholders access to Apple Pay, a new category of service that will transform mobile payments with an easy, secure and private way to pay. Apple Pay is easy to set up and users will continue to receive all the rewards and benefits offered by their First Niagara credit and debit cards.

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  18. Recent Study: First Niagara Financial Group, Inc. (FNFG) - Financial...Read the original story

    Feb 3, 2015 | PR-inside.com

    2015-02-03 18:05:11 - New Financial Services market report from GlobalData: "First Niagara Financial Group, Inc. (FNFG) - Financial and Strategic SWOT Analysis Review" First Niagara Financial Group, Inc. (First Niagara) is a financial service ...

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  19. First Niagra Financial Looks Attractive With High Dividend And Beatification Project Well Under WayRead the original story w/Photo

    Jan 31, 2015 | Seeking Alpha

    FNFG has had its problems, that's for sure. But recent cost cutting and streamlining measures should move Q1/15 results.

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  20. First Niagara Still Covering Its Dividend And Keeps It In LineRead the original story w/Photo

    Jan 28, 2015 | Seeking Alpha

    I highlighted the bank as a growing regional powerhouse in the northeastern US set to grow loans and deposits, but earnings have lagged and concerns regarding the dividend are prevalent. First Niagara Financial Group has just reported that it will be paying its first quarter 2015 dividend.

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