In the Garden State, the financial institution is partnering with Bergen County’s United Way, HomeFront, Interfaith Neighbors, United Way of Greater Newark and Trenton Area Soup Kitchen as part of a nationwide effort to make distributions to communities disproportionally impacted by COVID-19.

"Millennials haven't had it easy. They've been impacted by student loan debt, a recession and a difficult job market. Now, they face a global pandemic like nothing we've ever seen before," said Head of U.S. Bankcard Mike Kinane in a prepared statement. "Much of their financial situations has been out of their hands, but there are a few things they can control – how they budget, how they spend, if they choose to splurge and how they manage their debt."

Joe Fitzgerald will be responsible for informing product innovation, deepening strategic partnerships and supporting go-to-market thought leadership.

The financial institution named Elisa DePalma senior vice president, head of commercial closing and credit risk management.

NJBIZ spoke with some New Jersey experts who agree that sweeping changes are coming to property and casualty insurance operations and technology—and are confident that they’ll be able to handle them while continuing to provide top-notch service to business and other customers.

Business insurance has been at the backbone of businesses large and small for centuries. In fact, it was available at the end of the 17th century, when London’s growing importance as a center for trade was increasing demand for marine insurance. And, enterprises learned, even then, that if they were forced to close following a disaster, they ran the risk of never opening their doors again.

Worldwide, commercial insurance pricing increased for the 11th consecutive quarter in Q2 of 2020, according to the most recent Global Insurance Market Index released by Marsh LLC, a global insurance broking and risk management company.

Susan Somersille Johnson will be in charge of leading the company’s global marketing and brand strategy and helping to drive profitable growth.

Since joining the financial institution in 2018, Jack Anastasi has restructured the Business Banking department – which now includes 12 business relationship officers – and expanded the Government Banking portfolio.

Dale Caldwell executive director of the FDU Rothman Institute of Innovation and Entrepreneurship; Andrew Frazier, founder of SmallBusinessLikeAPro.com; Jill Johnson, CEO of the Institute for Entrepreneurial Leadership; and Wendy Oliveras, founder of Shess Global Alliance LLC participated in the virtual discussion.

Lisa Eisele was elevated to the position following an announcement last week that longtime Chief Financial Officer Greg Matuson would become chief operating officer.

Most of the major stock exchanges operate their electronic trading out of New Jersey. And a number of them are voicing opposition to a proposal to impose a levy on high-frequency trades that is gaining ground in the state.