NJBIZ - Banking, Finance and Accounting http://www.njbiz.com/section/banking_finance Banking, Finance and Accounting Banking, Finance and Accounting en-us Copyright 2015 NJBIZ Sun, 25 Jan 2015 08:04:22 EST Sun, 25 Jan 2015 08:04:22 EST http://www.njbiz.com/article/20150123/NJBIZ01/150129860&source=RSS Moody's slashes A.C. bond rating six notches One day after Gov. Chris Christie appointed an emergency manager for Atlantic City, Moody's Investors Service said Friday it was downgrading the city's bond rating six notches. Fri, 23 Jan 2015 13:17:00 EST http://www.njbiz.com/article/20150123/NJBIZ01/150129860&source=RSS http://www.njbiz.com/article/20150123/NJBIZ01/150129876&source=RSS Site ranks the 10 best places to retire in New Jersey Financial website SmartAsset recently ranked New Jersey's best places to retire, and those looking to kick back and relax in the Garden State may want to turn their gaze north. Fri, 23 Jan 2015 12:00:00 EST http://www.njbiz.com/article/20150123/NJBIZ01/150129876&source=RSS http://www.njbiz.com/article/20150123/NJBIZ01/150129879&source=RSS Pa. bank names regional leader for N.J. A Pennsylvania-based bank has named a new leader for its region that includes New Jersey, it said Thursday. Fri, 23 Jan 2015 11:26:00 EST http://www.njbiz.com/article/20150123/NJBIZ01/150129879&source=RSS http://www.njbiz.com/article/20150121/NJBIZ01/150129937&source=RSS U.S. Trust adds to its leadership team U. S. Trust, a private bank with offices in Florham Park, Glen Rock and Princeton, has hired some new senior executives, it announced recently. Wed, 21 Jan 2015 15:02:00 EST http://www.njbiz.com/article/20150121/NJBIZ01/150129937&source=RSS http://www.njbiz.com/article/20150121/NJBIZ01/150129939&source=RSS Is N.J. really a state full of millionaires? Well #8230 Between all the talk about a millionaire's tax, the gas tax, high property taxes and all other things tax-related, it seems like New Jersey certainly has a reputation for affluence among its population. Wed, 21 Jan 2015 14:14:00 EST http://www.njbiz.com/article/20150121/NJBIZ01/150129939&source=RSS http://www.njbiz.com/article/20150121/NJBIZ01/150129949&source=RSS The 1 will have more than 50 of the world's wealth by 2016, report says A majority of the world's wealth will belong to the richest 1 percent next year, according to an international nonprofit organization. Wed, 21 Jan 2015 12:47:00 EST http://www.njbiz.com/article/20150121/NJBIZ01/150129949&source=RSS http://www.njbiz.com/article/20150120/NJBIZ01/150129988&source=RSS Florham Park CPA firm taken over by Florida-based automotive specialist A Florida CPA firm has acquired one based in Florham Park, increasing its presence in the automotive markets, it said recently. Tue, 20 Jan 2015 10:05:00 EST http://www.njbiz.com/article/20150120/NJBIZ01/150129988&source=RSS http://www.njbiz.com/article/20150119/NJBIZ01/150119792&source=RSS Warren-headquartered tech services firm buying insurance solutions provider Mindtree, a global technology services company that has its U. S. headquarters in Warren, announced Monday that it is acquiring insurance solutions provider Discoverture Solutions LLC. Mon, 19 Jan 2015 11:52:00 EST http://www.njbiz.com/article/20150119/NJBIZ01/150119792&source=RSS http://www.njbiz.com/article/20150116/NJBIZ01/150119819&source=RSS New Jersey residents spend how much on interest in a lifetime? New Jersey makes the cut in another depressing economic study, this time in an interest report by the financial website Credit. com. But whether or not the data shine any real light on the Garden State is another story. Fri, 16 Jan 2015 13:39:00 EST http://www.njbiz.com/article/20150116/NJBIZ01/150119819&source=RSS http://www.njbiz.com/article/20150116/NJBIZ01/150119838&source=RSS Investors Bank names new CFO Investors Bancorp Inc. , the Short Hills-based holding company for Investors Bank, announced Thursday that it has hired a new senior vice president and chief financial officer. Fri, 16 Jan 2015 09:11:00 EST http://www.njbiz.com/article/20150116/NJBIZ01/150119838&source=RSS http://www.njbiz.com/article/20150114/NJBIZ01/150119885&source=RSS Financial communications tech firm names COO A Parsippany-based financial communications technology provider announced Wednesday that it has a new chief operating officer. Wed, 14 Jan 2015 16:21:00 EST http://www.njbiz.com/article/20150114/NJBIZ01/150119885&source=RSS http://www.njbiz.com/article/20150114/NJBIZ01/150119886&source=RSS Freedom Bank promotes chief lending officer to CEO Freedom Bank, a community bank with branches in Maywood and Guttenberg, announced Wednesday that it has promoted Matthew Carcich to CEO and president, effective Jan. 1. Wed, 14 Jan 2015 15:29:00 EST http://www.njbiz.com/article/20150114/NJBIZ01/150119886&source=RSS http://www.njbiz.com/article/20150113/NJBIZ01/150119923&source=RSS Mortgage banking firm arranges 26.2M in financing Morristown-based G. S. Wilcox Co. , a full-service mortgage banking firm, announced Tuesday that it has arranged financing on multiple properties in the amount of 26. 2 million. Tue, 13 Jan 2015 15:05:00 EST http://www.njbiz.com/article/20150113/NJBIZ01/150119923&source=RSS http://www.njbiz.com/article/20150113/NJBIZ01/150119943&source=RSS Public-school benefits firm expands footprint into Pa. Iselin-based U. S. Retirement Partners, an independent specialist in providing retirement plans and employee benefits to K-12 public schools, announced Monday that it has expanded its footprint into Pennsylvania. Tue, 13 Jan 2015 10:28:00 EST http://www.njbiz.com/article/20150113/NJBIZ01/150119943&source=RSS http://www.njbiz.com/article/20150112/NJBIZ01/150119956&source=RSS Cape Bank adds commercial lending leader Cape Bancorp Inc. , the parent of Cape May Court House-based Cape Bank, announced Monday that it has named an experienced banking executive to lead its commercial lending practice. Mon, 12 Jan 2015 15:12:00 EST http://www.njbiz.com/article/20150112/NJBIZ01/150119956&source=RSS http://www.njbiz.com/article/20150112/NJBIZ01/150119958&source=RSS CohnReznick buys real estate consulting firm Accounting, tax and advisory firm CohnReznick said Monday that it is acquiring NOI Strategies, an Illinois-based real estate consulting boutique. Mon, 12 Jan 2015 14:57:00 EST http://www.njbiz.com/article/20150112/NJBIZ01/150119958&source=RSS http://www.njbiz.com/article/20150112/NJBIZ01/301129986&source=RSS Coming to terms The New Jersey Energy Resilience Bank making it easier to get Sandy loans Millions of gallons of raw &#8212 in some cases, untreated &#8212 sewage poured into New Jersey rivers, canals and lakes during Hurricane Sandy. Mon, 12 Jan 2015 11:45:00 EST http://www.njbiz.com/article/20150112/NJBIZ01/301129986&source=RSS http://www.njbiz.com/article/20150112/NJBIZ01/301129987&source=RSS ConnectOne CEO on putting all the pieces together ConnectOne Bank moves quickly. The Bergen County-based institution is the fastest-growing bank in the state. It has reached 3. 3 billion in assets around a 545 million market cap in less than 10 years. Mon, 12 Jan 2015 11:45:00 EST http://www.njbiz.com/article/20150112/NJBIZ01/301129987&source=RSS http://www.njbiz.com/article/20150109/NJBIZ01/150109840&source=RSS Princeton financial advisory firm names chief investment office Princeton-based financial advisory firm Biltmore Capital Advisors announced Friday that Dr. Donald R. Chambers has joined the firm as chief investment officer. Fri, 09 Jan 2015 12:47:00 EST http://www.njbiz.com/article/20150109/NJBIZ01/150109840&source=RSS http://www.njbiz.com/article/20150107/NJBIZ01/150109888&source=RSS Provident foundation offering large grants after bank expansion The Provident Bank Foundation, the nonprofit arm of Jersey City-based Provident Bank, is offering large grants to nonprofits that fit certain parameters. Wed, 07 Jan 2015 14:03:00 EST http://www.njbiz.com/article/20150107/NJBIZ01/150109888&source=RSS