Dec 16, 2022

Edison Partners invests $15M in K1x

The Chicago-based company offers automated solutions for the Schedule K-1 tax form.

Wells Fargo exterior signage.
Dec 15, 2022

Wells Fargo introduces emerging middle market offering to Metro NY/NJ area

In New Jersey, the division will be led by John DeSclafani, while in New York City Alicia Iskhakova will head the segment, which serves businesses in the $10 million to $75 million range.

Dec 15, 2022

Cybersecurity, inflation top concerns in CEO survey

Heading into the new year, the latest results from Marcum LLP and Hofstra University’s Frank G. Zarb School of Business find a majority of leaders say their companies are not fully prepared for tech threats, with a growing number unable to absorb increasing costs.

Hamilton-based First Bank
Dec 14, 2022

First Bank to acquire Malvern in $149.5M deal

The merger agreement will help the Hamilton-based buyer expand its footprint to 27 branches and assets of approximately $3.68 billion.

Small business
Dec 14, 2022

Poll: Inflation stole holiday profits from small businesses

While revenues and sales for larger operations have hit record highs, Goldman Sachs' 10,000 Small Businesses Voices finds that more than half of those owners have not met profitability expectations.

PPP Paycheck Protection Program
Dec 14, 2022

Cross River Bank caught in PPP lending report crosshairs

“[W]e were there for the SBA when they needed us to help provide loans to the smallest small businesses across the country,” Senior Vice President of Public Affairs Phil Goldfeder told NJBIZ. “And we’re asking them now just to operate in good faith and work with us to resolve any outstanding issues.”

DOVE Chocolate brings back #DOVEInstaGrants for the second year in a row, designed to uplift and empower women entrepreneurs with a chance to win one of three $10,000 grants.
Dec 13, 2022

Mars’ Dove Chocolate kicks off grant program for female entrepreneurs

The Mars Wrigley brand is offering the opportunity to win one of three $10,000 awards, as well as assistance with business promotion.

World Insurance Associates HQ
Dec 12, 2022

World Insurance Associates adds trucking specialists to team

The Iselin-based buyer said family-owned Future Insurance Group of Schererville, Ind., serves the transportation industry.

Dec 12, 2022

Presenting the 2022 Companies to Watch (slideshow) (updated)

These businesses are worth paying attention to because they are doing more than the ordinary. They may be small, focused firms or global giants. They may be recently founded or able to trace their roots back more than a century. The common thread is that they are uncommonly successful. Or growing quickly. Or conducting business in a way that improves the lives of a wide range of stakeholders.

Dec 9, 2022

Kearny Bank announces wholesale restructuring, efficiency efforts

The financial institution says it's looking to trim expenses by an annualized rate of 5% to 10%, which it will achieve through optimizing and reducing vendor spend, automating or outsourcing "routine activities," and a realignment of the Fairfield-based company's workforce.

Wallet with money
Dec 8, 2022

Study: More Americans plan to ‘live sensibly’ in 2023

As 2022 draws to a close, many people are making a different kind of resolution this year: a financial one.

Unity Bank opened a new, full-service branch in Lakewood at 1255 Route 70 in December 2022.
Dec 6, 2022

Unity Bank opens full-service Lakewood branch, plans for Bergen County location

The move extends the community financial institution's reach into Ocean County, while it also sets the stage for next month's northern expansion.