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Celsius CEO Mashinsky steps down

“I regret that my continued role ... has become an increasing distraction, and I am very sorry about the difficult financial circumstances members of our community are facing,” Alex Mashinsky wrote. The crypto lender filed Chapter 11 this summer.

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Chris Martin, chairman, president and CEO of Provident Financial Services Inc., the holding company for Provident Bank, was joined by members of the financial institution’s ProvidentWomen initiative to help celebrate the bank’s 180th anniversary by ringing the opening bell at the New York Stock Exchange on Aug. 9. Pictured front row from left, Colleen Hanley; Andrea Reid; Corinne Kison; Martin; Bernadette Macko; Darleen Gillespie; Chris Taylor, NYSE; Nancy Wynant; and back row from left, Susan Hayes; Danielle Hernandez‑Roman; Samantha Plotino; Sandra Kennedy and Josephine Moran.

Provident, Lakeland banks clinch $1.3B merger agreement

“We are excited to announce this transformational combination of two amazing organizations," Provident CEO and President Anthony Labozzetta said in a prepared statement. "The scale and profitability of the combined organization will enable us to invest in the future, better compete for market share, and better serve our customers and communities."

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Time is money

Proxy fight over, Republic Bank drama picks back up

Following a change in leadership at the institution, investor groups are voicing concerns about the terms of interim CEO Harry Madonna's financial compensation, which they say incentivizes a sale, and the slow roll-out of a strategic review process. Meanwhile, former leader Vernon Hill and an ally filed a lawsuit against the bank, as well as Madonna and other board members, claiming defamation, false light and breach of contract.

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