Buffalo banking leaders respond to inflation, interest rates and … – Buffalo Business First
Banks and businesses alike are tightening their belts in anticipation of a 2023 recession.“As we head into a recessionary period, it’s like we’re getting prepared for battle, in a way,” said Michael McMahon, Buffalo market president for KeyBank. “We’re focused more on the defensive than the offensive.”Banking leaders in Buffalo say they’re adjusting their strategies … Read more