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Banking & Finance News

HFF arranges multimillion-dollar financing for retail center in Monmouth County

Florham Park-based HFF announced Tuesday that it has arranged a multimillion-dollar financing for a retail center in Tinton Falls. Read More »»

Freedom Mortgage announces acquisition of Continental Home Loans

Mount Laurel-based residential mortgage lender Freedom Mortgage Corp. announced Monday it had reached an agreement with Continental Home Loans of Melville, New York, to acquire the assets of the Long Island-based mortgage lender. Read More »»

ZAIS Financial acquires La. mortgage company

Red Bank-based real estate investment trust ZAIS Financial Corp. announced Monday that it has completed its acquisition of GMFS LLC, a Baton Rouge, Louisiana-based residential mortgage company, for approximately $62.8 million. Read More »»

Valley National, 1st United complete merger

Wayne-based Valley National Bancorp, the holding company of Valley National Bank, announced Monday that it has completed its merger with 1st United Bancorp Inc., effective Nov. 1, 2014. Read More »»

Beacon Trust acquires Suffolk Bancorp’s wealth management business

Morristown-based wealth management firm Beacon Trust Company, a subsidiary of The Provident Bank, has acquired Suffolk County National Bank’s wealth management business, Suffolk announced Monday. Read More »»

Honeywell increasing annual dividend 15%

Honeywell announced Friday that it is increasing its regular, annual cash dividend 15 percent. Read More »»

Princeton Area Community Foundation names CEO and president

The Princeton Area Community Foundation board of trustees announced Thursday that it has named Jeffrey Vega its CEO and president. Read More »»

Prominent car rental firm sees net income soar 29 percent

Avis Budget Group Inc. announced Wednesday that its revenue and earnings rose in the third quarter of 2014 from the year-ago period. Read More »»

Alternative-investment firm promotes two members of portfolio management team

Princeton-based Equinox Financial Group LLC, which specializes in alternative investments, on Wednesday announced a pair of portfolio management promotions. Read More »»

Wells Fargo veteran Michelle Lee to run community banking operations for Eastern Region

Wells Fargo announced Wednesday that 31-year company veteran Michelle Lee has been promoted to oversight of its community banking operations for the entire Eastern Region. Read More »»

Economic development corporation begins final round of Sandy relief loans

Nonprofit economic development corporation UCEDC has launched its last round of 2 percent working capital loans for small businesses affected by Superstorm Sandy, it said Tuesday. Read More »»

To stay in Gateway or to go? Prudential to do both in Newark

Prudential Financial will retain a presence at Three Gateway Center in Newark even after it opens its new office tower in the city next summer, according to brokers involved with the deal. Read More »»

Investors Bank's new team offers credit lines based on life insurance value

Investors Bank, based in Short Hills, announced Monday that is creating a new division that broadens its lending capabilities. Read More »»

Wells Fargo Private Bank names New Jersey wealth management leader

Wells Fargo Private Bank announced Monday that Amrit Walia will serve as regional managing director for the New Jersey market. Read More »»

Freshpet announces it is going public, files for IPO

Secaucus-based pet food company Freshpet Inc. announced Monday that it will be conducting an initial public offering of stock. Read More »»

Companies can save $11,000 a year by letting employees work from home part-time, study finds

Odds are that a nearly half of today's workforce has the same thought while sitting in traffic, inhaling fumes and listening to car horns blare. Read More »»

Q&A: Gretchen Wilcox, on her firm's 20th anniversary, gives credit to the group

Being a woman-owned business in a male-dominated industry has certainly helped G.S. Wilcox & Co. garner recognition, but that's not why the firm has thrived in the 20 years since its founding. Read More »»

Sure, N.J. pays well compared with other states, but when you factor in the cost of living…

Rasmussen College has created a new salary-comparison tool that factors in cost of living, adjusting a particular profession's wage to reflect the state where the job is done. Read More »»

BASF overcomes challenges to post sales and earnings gains

Chemical company BASF Group said Friday that it overcame a “challenging” economy to post slightly higher sales and earnings in the third quarter of 2014. Read More »»

Wyndham sees strong growth across major business units

Hospitality company Wyndham Worldwide Corporation on Friday announced its earnings and revenue rose in the third quarter of 2014 from the previous year's third quarter. Read More »»

Poll Question of the Week:

Would you have preferred a bonus over a holiday party?

Breaking Glass

Family-unfriendly policies driving moms from the workplace

Running away to Europe is probably not the first thing on any new mother's mind.

Industry Insights

Consider year-end charitable giving options carefully

As we are in our final year-end tax planning mode, many of us are looking to...

Millennial Minded

Redevelopment project aims to give A.C. a place with a millennial vibe

About seven months back, I wrote about all the goings-on in Atlantic City...

SFW: Suitable for Work

'Traffic problems in Fort Lee,' indeed, trucking survey finds

If the 2015 resolution of the Christie administration is to expunge...

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Special Editions

2014 50 Fastest Growing Companies Event Supplement

2014 50 Fastest Growing Companies Event Supplement
Congratulations to the 2014 50 Fastest Growing Companies! On Thursday, November 13th nearly 400 individuals gathered to celebrate 50 of the fastest growing companies in the state. Click on the supplement to see where each company fell on the list!

New Brunswick 2014

New Brunswick 2014
This supplement will highlight the revitalization of one of New Jersey's most important cities and discuss why New Brunswick is an ideal place for doing business.

Real Estate & Construction Report Power 50

Real Estate & Construction Report Power 50
The NJBIZ Power 50, our ranking of New Jersey's 50 most influential people in the real estate industry, is one of the most anticipated lists of the year. Here's our take on the movers and the shakers of 2014 in all things real estate.

2014 CFO of the Year Awards

2014 CFO of the Year Awards
Congratulations to the 2014 CFO of the Year Award Finalists and Winners! Take a peak inside to catch a glimpse of the best and brightest CFOs and financial executives from around the state.

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