The Buffalo Chronicle
M&T Bank
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M&T’s profit slips as rising rates bite, and its finance chief warns mortgages and commercial real estate will feel it next
Buffalo’s hometown bank earned $775 million in the third quarter, down from $818 million. On the earnings call, CFO Daryl Bible said higher rates will slow home lending and could push more…
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M&T Bank CEO Rene Jones is considering a plan to take Kodak private
March 12, 2022 — M&T Bank CEO Rene Jones is widely rumored to be considering a not-so-hostile acquisition of Rochester’s legendary Eastman Kodak Company, in a plan that would take the firm…
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Minkel told to find the NFTA different office space and sell downtown property
Officials in the administration of Governor Kathy Hochul have signaled to longtime Niagara Frontier Transporation Authority (NFTA) Executive Director Kimberly Minkel that she should begin planning a relocation of the agency’s headquarters…
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Golisano is ‘open’ to M&T Bank merger with Paychex
Billionaire B. Thomas Golisano, the founder and chairman of Paychex, the Rochester area firm valued at more than $25 billion, is open to merger talks with Buffalo based M&T Bank, whose market…
