Stocks and Finance

First Niagara

First Niagara 5/21/2012

07:35 : First Niagara completes HSBC takeover - Done deal. First Niagara Bank N.A. said Monday that it has completed its conversion of Upstate New York and Connecticut branches from HSBC Bank USA N.A. was successfully completed over the weekend. More than 100 former ...
Source : bizjournals-com

First Niagara 4/9/2012

10:50 : First Niagara-HSBC deal clears last regulatory hurdle - First Niagara Financial Group Inc. has received approval from the Office of the Comptroller of the Currency to acquire 196 HSBC Bank USA N.A. branches in New York and Connecticut. The go-ahead from the OCC is the final ...
Source : bizjournals-com

First Niagara 1/26/2012

11:44 : First Niagara net income rises - First Niagara Financial Group Inc., Buffalo, Thursday reported fourth quarter 2011 net income of $58.5 million, or 19 cents per share, compared to $45.9 million, or 22 cents per share, during the final three months of 2010. Analysts ...
Source : bizjournals-com

First Niagara 1/13/2012

10:35 : First Niagara finalizing plans on HSBC deal - The complete branch divestiture plan undertaken by First Niagara Financial Group Inc. — as part of its pending $1 billion purchase of 195 HSBC Bank USA N.A. retail offices — may be known within the next two weeks, according ...
Source : bizjournals-com

First Niagara 12/7/2011

07:20 : First Niagara readies for stock sale - First Niagara Financial Group Inc. announced it will seek to raise $450 million in a common-stock sale that marks the first of three possible capital-raising initiatives the bank may pursue as part of its planned $1 billion acquisition ...
Source : bizjournals-com

First Niagara 8/12/2011

12:38 : Ex-HSBC branches draw strong interest: First Niagara - BANGALORE (Reuters) - First Niagara Financial is seeing a lot of interest in the bank branches it needs to sell following its $1 billion deal to buy nearly half of HSBC Holdings' U.S. branch...
Source : reuters-com

First Niagara 8/1/2011

10:23 : Shares of First Niagara Bank ([[FNFG]] -4.5%) remain lower even after ... - Shares of First Niagara Bank (FNFG -4.5%) remain lower even after S&P affirms its BBB rating and stable outlook following the firm's announcement it will acquire 195 branches from HSBC (HBC). Fitch Ratings also weighed ...
Source : seekingalpha-com
08:16 : HSBC cuts jobs as First Niagara buys branches - First Niagara Financial Group Inc. is set to become the largest bank in Western New York with the pending purchase of 195 retail branches – including approximately 70 in the region’s eight counties – from HSBC Holdings ...
Source : bizjournals-com
02:47 : HSBC (HBC) is to sell 195 branches, mostly in New York, to First Niagara ... - HSBC (HBC) is to sell 195 branches, mostly in New York, to First Niagara Bank (FNFG) for $1B as part of the U.K. bank's plan to pare its U.S. operations and exit non-core markets. First Niagara may sell ...
Source : seekingalpha-com

First Niagara 7/31/2011

21:59 : First Niagara to buy 195 HSBC branches - First Niagara Financial Group Inc. is set to become the largest bank in Western New York with the pending purchase of 195 retail branches – including approximately 70 in the region’s eight counties – from HSBC Holdings ...
Source : bizjournals-com
17:07 : HSBC sheds U.S. branches in $1 billion First Niagara pact - HSBC Holdings Plc on Sunday said it plans to shed nearly half of its underperforming U.S. branch network, selling 195 branches to First Niagara Financial Group Inc for about $1 billion, and closing 13 others.
Source : ibtimes-com
16:24 : First Niagara to buy HSBC upstate bank branches - First Niagara Financial Group has agreed to purchase 195 upstate New York and Connecticut branches, and $15 billion in deposits, from HSBC Bank USA N.A. The purchase, which has a price tag of about $1 billion, is expected ...
Source : bizjournals-com

First Niagara 7/21/2011

09:35 : First Niagara growth spurt continued in 2Q - Net income for First Niagara Financial Group Inc. surged nearly 60 percent during the second quarter of 2011, a result of “continued growth” throughout its footprint and its mid-April acquisition of NewAlliance Bancshares|NewAlliance ...
Source : bizjournals-com
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