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Money

The New Jersey Chamber of Commerce Foundation has appointed Victoria Licata as director of resource development.
Sep 26, 2023

Licata joins NJ Chamber of Commerce Foundation

Victoria Licata will serve as director of resource development, helping to cultivate partnerships and oversee funding and development plans

OceanFirst Financial CEO Christopher Maher speaks with NJBIZ Editor Jeff Kanige on Sept. 20, 2023.
Sep 25, 2023

NJBIZ Conversations: Chris Maher

The chair and CEO of OceanFirst Financial analyzes the factors driving the economy now, and identifies areas of potential trouble.

Startup
Sep 22, 2023

NJEDA establishes Diversity Finance Advisory Board

The panel will help women- and minority-owned startups increase their access to institutional capital, as well as provide knowledge, guidance and insights. Click through to see the inaugural members.

Affinity Federal Credit Union will mark the grand opening of its new branch in River Edge with a ribbon-cutting celebration Sept. 27.
Sep 20, 2023

Affinity Federal Credit Union opens Bergen County branch

The Basking Ridge-headquartered financial institution will celebrate its newest office, located in River Edge, during a Sept. 27 ribbon-cutting ceremony.

By 2025, Bank of America's U.S. minimum hourly wage will have increased by nearly $14 per hour — or more than 121% — since 2010.
Sep 20, 2023

Bank of America raises minimum wage to $23

This year's hike means the base starting salary for full-time employees of the Charlotte-based company is nearly $48,000. 

Merck celebrates opening of its reimagined Rahway headquarters.
Sep 14, 2023

15 NJ companies recognized by Time magazine as best in the world

The inaugural list recognizes 750 organizations that appear to be doing right not just by employees and investors, but also by the planet.

Investment
Sep 13, 2023

3 more VC firms approved for NJ Innovation Evergreen Fund

According to New Jersey Economic Development Authority CEO Tim Sullivan, "The NJIEF offers a unique and responsive solution for getting capital into the hands of the state’s youngest companies while also building New Jersey’s role as a leader in innovation."

TD Bank
Sep 12, 2023

These NJ banks have the ‘best reputations’ nationwide

American Banker's annual ranking found that overall sentiment toward financial institutions has taken a hit in 2023, but these Garden State operators are still among the most revered by customers.

Eric Adler – currently president and CEO of PGIM Real Estate and chairman of Private Equity – has been named president and CEO of the newly formed PGIM Private Alternatives.
Sep 6, 2023

PGIM forms new private alternatives business, promotes execs

The Newark-based firm said move will provide investors with a cohesive set of investment solutions across private credit, real estate equity and debt, private equity, infrastructure and agriculture. 

Good customer service
Sep 6, 2023

11 NJ companies named to Newsweek’s Best Customer Service list

The annual publication highlights U.S. businesses across 166 categories – ranging from traditional retail to online and service segments – that have consistently gone above and beyond for their patrons.

Startup
Sep 1, 2023

NJ Redevelopment Authority launches ‘Small Business 101’ series

“Our mission extends beyond revitalizing communities; it’s about empowering the very engines that drive these communities – small businesses,” said NJRA president and CEO Leslie Anderson.

Valley National Bank has appointed Sanjay Sidhwani as its first chief data and analytics officer. - VALLEY BANK
Aug 30, 2023

Valley Bank names its 1st chief data and analytics officer

Bringing more than 25 years’ experience in the field, Sanjay Sidhwani will oversee the data strategy and management capabilities of the Morristown-based financial institute.