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Banking, Finance & Accounting News Archive Page 2

Murphy vetoes bill to strip authority to end tax deals with other states

Gov. Phil Murphy vetoed a bill that would have stripped his administration of the authority to end reciprocal tax agreements with other states. The...

Lakeland and Highlands State banks to merge

Lakeland Bank and Highlands State Bank will merge, the boards of each institutions’ parent companies announced today.

New Jersey's business 'icons' celebrated

The ballroom at The Palace at Somerset Park was packed with over 260 people Thursday morning for NJBIZ's Icon Honors event, celebrating the careers...

Santander invests in Uehlinger as regional president

Boston-based Santander Bank has appointed James Uehlinger as president for the Metro New York/Northern New Jersey region, the financial institution...

Volk upped to senior vp at Peapack-Gladstone

Margaret Volk has been promoted to senior vice president, residential lending manager at Peapack-Gladstone Bank.

EisnerAmper, CloudAccess form cybersecurity pact

EisnerAmper Risk Solutions and cloud-based security platform CloudAccess have formed a cybersecurity agreement to deliver improved security to...

Rising rates, lessons from recession not discouraging banks from lending

It’s been just over a decade since the start of the Great Recession, when a bubble economy burst and drove millions of job losses and home...

A new approach: How one CEO transformed an underperforming local bank

Anthony Labozzetta likes a challenge. In early 2010 he left his job as an executive vice president at TD Bank — even then an established and...

Donating with a purpose: Foundations let banks give back to communities

Banks may be known for taking in deposits and creating loans — after all, it's what they do — but some of them also give away money, at...

NJBIZ Lists: Mortgage Bankers and Brokers

Ranked by: 2017 total mortgage amount

View the top ranked New Jersey Accounting Degree Programs in the August 13 issue of NJBIZ.

NJBIZ unveils 2018 CFO of the Year finalists

The NJBIZ CFO of the Year awards honor CFOs, or their equivalents, in seven categories for the work they do to drive their respective companies'...

Essex County withdraws accounts from Wells Fargo

Essex County is withdrawing all accounts from Wells Fargo bank due to what it said were predatory lending schemes and foreclosure practices by the...

Introducing Roselle Bank

After nearly 130 years serving customers in New Jersey, Roselle Savings Bank has changed its name.

DMR banking on redesigns

DMR Architects has completed plans for the renovation of SB One Bank at The Avenue Collection complex in Weehawkin, the Hasbrouck Heights-based firm...

Prager Metis expanding to Hackensack

Accounting and advisory firm Prager Metis has opened its third New Jersey office, in Hackensack.

NJBIZ Lists: Accounting Degree Programs

Ranked by: Total degrees awarded in 2017

View the top 25 ranked New Jersey Accounting Firms in the August 6 issue of NJBIZ.

ADP acquires Celergo

Roseland-based payroll processing company ADP has acquired Chicago-based Celergo, a provider of global payroll management services.

ADP: 219K jobs added in July

American employers added 219,000 jobs in July, Roseland-based payroll processing company ADP said in a report issued Wednesday.

NJEDA unveils office to attract foreign businesses, investment

The state’s Economic Development Authority is rolling out a new office aimed at attracting international trade and investment to New Jersey,...

Newark named to City Accelerator program, nabs $100K grant

The city of Newark will receive a $100,000 grant as part of being named in the expansion of the Citi Foundation and Living Cities City Accelerator...

Columbia Bank Foundation names Dupuis executive director

Amy Dupuis has been appointed executive director of the Columbia Bank Foundation.

Boiling Springs promotes two to senior vp

Boiling Springs Savings Bank has promoted Theresa O’Keefe and Debra Cannariato to senior vice president positions at the Northern New Jersey financial institution.

RSI Bank launches new lending program for small businesses

RSI Bank in Rahway is offering a new, expedited loan program for small businesses to obtain as much as $100,000.

Business tax hikes worrisome, KPMG Jersey chief says

Taxes are causing New Jersey businesses to reach a breaking point, according to Corey Temple, managing partner at the New Jersey headquarters of KPMG, one the state’s 50 largest private employers.

TD Bank forms partnership for business valuation services

Cherry Hill-based TD Bank has formed a partnership with data analysis firm BizEquity to offer TD Bank’s clients free business valuation services via a digital platform.

TriState Capital hires Hill for NJ

James Hill has joined TriState Capital Holdings Inc. as senior vice president of commercial lending for its New Jersey regional office.

Hudson County ranks highest in NJ for incoming investments

Hudson County comes in at No. 1, with 3.2 percent business growth, in a new SmartAsset study ranking counties in the state with the most incoming investments.

Ortho mounts growth spurt ahead of possible IPO

Raritan-based Ortho Clinical Diagnostics is expected to reap a windfall if it goes public, possibly by year’s end, but for now CEO Martin Madaus is focused on managing growth to date.

ConnectOne snags Greater Hudson in $76M stock deal

Englewood Cliffs-based ConnectOne Bancorp, parent of ConnectOne Bank, has agreed to acquire Greater Hudson Bank in New York in an all-stock transaction to bolster its presence in the tristate region.

Financial-services company secures $20M in tax credits for Jersey City move

Financial services company ETrade is eyeing a potential move to Jersey City, after the state’s Economic Development Authority awarded $20 million in tax credits.

Provident Bank increases employees' compensation

New Jersey-based Provident Bank has increased its employees’ wages and benefits, making itself more competitive in the labor market.

TD Bank's Princeton branch given LEED certification

TD Bank’s branch in Princeton has been given a Leadership in Energy and Environmental Design designation by the U.S. Green Building Council, marking TD Bank’s 200th branch in the U.S. to receive the status.

Kearny Bank hires chief banking officer

Fairfield-based Kearney Bank has hired Anthony Bilotta as chief banking officer, a new position.

Digital tools transform CPA firms

Last year, CPA.com — the Association of International Certified Professional Accountants’ digital initiative — collaborated with another company to develop OnPoint, a cloud application that assists in preparation, compilation and review engagements.

Lakeland Bank announces grant programs

Lakeland Bank has launched Housing Impact and Community Impact grant programs created to assist local nonprofit organizations with community-focused initiatives throughout New Jersey.

3 from NJ named partner at Withum

Two senior managers in New Jersey and one who lives here have been upped to partner by public accounting firm WithumSmith+Brown PC.

ConnectOne adopts technology for off-site loan applications

ConnectOne Bank is implementing a cloud-based platform to streamline retail and commercial loan interactions in a single bank operating system.

Caride sworn in as NJ DOBI Commissioner

Gov. Phil Murphy swore in Marlene Caride as the New Jersey Department of Banking and Insurance Commissioner on Wednesday.

Columbia Bank opens Westfield branch

Fair Lawn-based Columbia Bank has opened a branch in Westfield, its 49th location in New Jersey.

Somerset Savings Bank awards grant to advocacy group

Central Jersey Housing Resource Center has received a $27,000 grant from Somerset Savings Bank to help support low and moderate income households find housing.