Contact Us
White Plains Daily Voice serves White Plains, NY

Menu

White Plains Daily Voice serves White Plains, NY

Nearby Towns

Breaking News: Strong Storms Will Move Through Westchester, Tornadoes Possible Upstate
business

KeyCorp Acquires Buffalo's First Niagara For $4.1B

First Niagara Financial Group of Buffalo was recently purchased by Cleveland-based KeyCorp.
First Niagara Financial Group of Buffalo was recently purchased by Cleveland-based KeyCorp. Photo Credit: Wikipedia

The 13th largest U.S.-based bank will be created with the purchase of First Niagara Financial Group of Buffalo by Cleveland-based KeyCorp for $4.1 billion, according to reports.

The KeyCorp deal follows an announcement that New York Community Bancorp Inc. would buy Astoria Financial Corp for about $2 billion, the article says. Both banks are based in New York State. Acquisitions of banks with more than $1 billion in assets were scarce until this year.

For the full story see Fortune Magazine .

to sign up for Daily Voice's free daily emails and news alerts.

Welcome to

White Plains Daily Voice!

This is a one time message inviting you to keep in touch

Get important news about your town as it happens.