Banking & Finance News
- Snap Poll: Economy is rigged, most readers believe
Presidential hopefuls Donald Trump and Hillary Clinton don’t agree on much, but there’s at least one opinion they share: The U.S. economy is rigged. And more than three-quarters of respondents to this week’s RBJ Daily Report Snap Poll agree.
- Net income rises in Q2 at Financial Institutions
Financial Institutions Inc. reported net income of $6.8 million in the second quarter, up from $6.2 million for the same period last year.
- Northwest Bank parent posts Q2 loss
Northwest Bancshares Inc., the parent of Northwest Bank, announced a second-quarter net loss of $7 million, a decrease of $22.3 million compared with the same quarter last year.
- Tompkins Financial shares rise on Q2 report
Shares of Tompkins Financial Corp. rose nearly 4 percent Friday after the company reported an increase in second-quarter earnings, excluding a special item in the second quarter a year ago.
- Five Star Bank reorganizes leadership team
Five Star Bank is reorganizing its leadership team, with several executives getting new titles and some new hires expected to focus on specific areas of business.
- FSB Bancorp begins trading on Nasdaq Capital Market
FSB Bancorp Inc. volume surpassed 45,000 shares by mid-afternoon Friday, one day after its stock began trading on the Nasdaq Capital Market.
- Citizens Bank names New York president
Albany native Paul Taffe has been tapped to lead Citizens Bank in New York.
- Mobile banking for businesses reliable, efficient
- County-level jobs data raise more questions on economy
- Strategies that will help navigate a low-return market
- Email a common starting point for online fraud, identity theft
- Proxy battle at Financial Institutions fails
- Excell Partners leads seed financing for Traverse Biosciences
Excell Partners was a leader in providing $500,000 in convertible debt financing to support operations and advance product development efforts for Traverse Biosciences, officials announced Wednesday.
- Shareholders 'overwhelmingly' elect Financial Institutions' slate
Financial Institutions Inc. has held off the board bid by a Dallas-based investment firm that expressed intention to explore a sale to a larger bank.
- Proxy fight on tap for annual meeting
- Manufacturing decline takes toll on middle class locally
- New headquarters reflect growth at Genesee Regional
- Going the extra mile in the post-merger transition
- Much to consider when looking for startup funding
- Area financial executives honored at annual event
Five financial executives from the business and non-profit sectors were winners Thursday at the 2016 Financial Executive of the Year Award event.