Monday, April 13, 2009
HTN: First Niagara Paying Back Government
First Niagara says it will pay back the funds it received from the federal bank bailout. The Lockport-based banking group plans to raise $300 million in another public stock offering, and repay the federal government’s investment. First Niagara is about to purchase 57 Western-Pennsylvania branches from National City Bank and PNC Financial Services Group.
No comments:
Post a Comment