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Following the rating action, FNFG's rating outlook is stable.
(2) Specifically, FNF Group has requested approval for FNFG to merge with NewAlliance, with NewAlliance as the surviving entity.
Moody's review will primarily focus on FNFG's high loan growth, which may
First Niagara Financial Group (NASDAQ: FNFG) has named Peter B Robinson to its board of directors and also to the board of First Niagara Bank.
Tickers featured: AF, CNBC, DCOM, FNFG, FULT, MTB, NWBI, NYB, PBNY, PFS, SI, SUSQ, VLY, WBS, WL.
Golding was most recently with First Niagara (NASDAQ: FNFG), serving as senior director of Small Business Banking.
KeyCorp (NYSE: KEY) has reported it plans to add 304 First Niagara (NASDAQ: FNFG) branches to its new network following completion of the planned merger, the company said.
Fitch said FNFG's commercial real estate (CRE) business and residential mortgage portfolio (roughly about $14.7 billion) should continue to experience steady credit performance.
McBrair, who has over 20 years of experience, has worked with retail banking operations at Bank One (NYSE: ONE), JP Morgan Chase (NYSE: JPM) and Webster Financial (NYSE: WBS) and most recently in an advisory capacity with First Niagara Bank (NASDAQ: FNFG).
Tickers featured: BMTC, DNBK, EBSB, FCF, FNFG, FULT, ISBC, NWBI, NYB, ORIT, PBCT, PFS, TBBK, TOBC, WBS.
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