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Stories by Grove Potter

By Grove Potter » Friday, August 1, 2014

First Niagara Financial Group this week announced James K. Ciroli was leaving the bank effective Friday as its principal accounting officer for a job with an undisclosed employer. Now we know where the 49-year-old Ciroli is headed: Michigan-based Flagstar Bancorp,… Read more

By Grove Potter » Tuesday, July 1, 2014

The General Motors Components Holdings plant in Lockport and the University at Buffalo are keeping up a tradition this summer. Four undergraduates from UB’s School of Engineering and Applied Sciences are working as interns for 11 weeks at the thermal… Read more

By Grove Potter » Tuesday, July 1, 2014

Cameron International Corp.’s search for a buyer for its centrifugal compression division, which includes a plant in Cheektowaga, continues. Houston-based Cameron has said it intends to sell the division by the end of the year. Its Cheektowaga plant is on… Read more

By Grove Potter » Wednesday, February 19, 2014

Cuba has (again) stopped providing consular services in Washington, D.C., and at its mission to the United Nations, saying it was unable to find a substitute for Buffalo-based M&T Bank, which is closing the Cubans’ accounts as of March 1…. Read more

By Grove Potter » Friday, January 17, 2014

There’s some intrigue involving M&T Bank Corp. and its banking relationship with diplomatic missions in the United States, including Cuba’s. And the issue could resurface a month from now. To review, the Cuban Interests Section in Washington, D.C. on Nov…. Read more

By Grove Potter » Tuesday, December 10, 2013

When someone loses a job, personal financial pressures — like keeping up with the mortgage — can intensify. So imagine if the bank, instead of getting on you about your mortgage payment, offered to help you to find a new… Read more

By Grove Potter » Monday, November 18, 2013

HarborCenter has named Dominic Verni general manager of its restaurant and sports bar. Before joining HarborCenter, Verni spent 17 years with the Hard Rock International restaurant, hotel and casino chain, most recently at its Niagara Falls location. The yet-to-be-named establishment… Read more

By Grove Potter » Thursday, October 31, 2013

American Banker has published its first-ever list of the “Best Banks to Work For,” and none of them has branches in Western New York. The closest bank to Buffalo was Elmira Savings Bank, which was ranked No. 19 among 28… Read more

By Grove Potter » Wednesday, October 23, 2013

New Jersey-based Hudson City Bancorp doesn’t have any branches in Western New York, but its performance is being followed closely here. Buffalo-based M&T Bank earlier this year agreed to buy Hudson City, but the acquisition process has been on hold… Read more

By Grove Potter » Tuesday, October 8, 2013

M&T Bank Corp. chief executive officer Robert G. Wilmers spoke at Loyola University Maryland on Monday, and offered views on the economy, M&T’s operations, and his leadership style. Here are some excerpts from the text of his speech: — On… Read more
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