The moves include Stephanie Giroux to serve Westchester and New Jersey, and Katia Friend for the New York Tri-State region.
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Money
Valley National’s $1.1B Bank Leumi USA acquisition eyes spring closing
The bank's parent company said it's received all regulatory, and shareholder, approvals in connection with the deal.
Read More »Bank of America invests in Black and Latino Angel Investment Fund of New Jersey
Less than 1% of all high growth technology startups are led by Black and Latino entrepreneurs, and few secure pre-seed capital for growth. The mission of the fund is to reverse this trend.
Read More »Daybase closes on $9.6M seed funding for expansion
The hybrid work company opened its inaugural location in Hoboken in January and is planning second and third locations, in Harrison, N.Y., and Westfield, respectively.
Read More »Advisors Mortgage adds 2nd Tinton Falls branch
Nick West, who brings more than 30 years of mortgage-industry experience to the company, will serve as manager.
Read More »As omicron wanes, NJ businesses struggle with inflation
At the variant’s peak in December and January, owners said that patronage dropped off, but activity has since bounced back. Now, they have bigger problems: higher costs and few workers.
Read More »What’s the potential economic impact of a casino smoking ban?
A report commissioned by New Jersey’s casino industry warns of a deep economic loss stemming from a potential ban of smoking on the casino floors: up to 2,500 jobs at the casinos could be lost, and gambling and non-gambling revenue could fall as much as 10.9% and 6.5% respectively, while tax revenue could fall by as much as $44 million.
Read More »Construction employment rises nationally
According to an analysis from Associated Builders and Contractors, the industry has recovered 99% of the jobs lost earlier in the pandemic.
Read More »BlockFi: 1 in 3 women plan to purchase crypto this year
The Real Talk: Women x Crypto 2.0 survey asked female Americans about their current motivations, behaviors and dispositions around investing in cryptocurrency, financial wellness, and career aspirations.
Read More »NJ startups see surge of $5.5B in venture capital investments in 2021 (updated)
The funds were spread across 219 separate deals and mark a nearly 224% increase from the $1.7 billion of venture capital dispersed in 2020.
Read More »Amid COVID recovery, NJ gets first credit upgrade since 2005
The decision from Moody’s Investors Services gives a nod to “the state's continuing trends of strong revenue and liquidity and its steps to more aggressively address liability burdens, including completion of a debt-reduction program and increased pension contributions.”
Read More »The Bank of Princeton to form holding company
According to Chairman Richard Gillespie, the board of directors believes the move will offer more flexibility for the bank in terms of finances and operations, and is integral to its continued growth.
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