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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
Community Bank CEO gets new three-year contract, pay raise
DeWITT — The top executive of DeWitt–based Community Bank has a new three-year employment contract, according to a filing with the U.S. Securities and Exchange Commission (SEC). The new deal, which pays Community Bank President and CEO Mark Tryniski a base salary of $620,000, took effect Jan. 1 and expires Dec. 31, 2014. Tryniski’s previous
Acquisition adds Brazilian firm to Cooper Crouse-Hinds
SYRACUSE — Cooper Industries has added a newly acquired Brazilian manufacturer to its Syracuse–based Cooper Crouse-Hinds division. Cooper Industries (NYSE: CBE), based in Dublin, Ireland,
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