How does $150B in GDP and 250,000 new jobs sound?
Talking Points is an occasional feature in ROI-NJ, which recaps key speakers at business gatherings across the state. This report summarizes the presentation Senior Partner Steve Van Kuiken of McKinsey & Co. gave at...
First Bank paying $13.5M for another South Jersey bank
First Bank and Delanco Bancorp Inc. made a deal that will merge Delanco Federal Savings Bank into First Bank.
The stock transaction is valued at about $13.5 million, and was approved unanimously by both boards....
Peapack-Gladstone Bank names SVP for capital subsidiary
Rich Johnston was named senior vice president of capital markets for Peapack Capital.
Peapack is a subsidiary of Bedminster’s Peapack-Gladstone Bank.
Johnston will be responsible for indirect originations of leasing and asset finance transactions from bank...
Wage growth rises in Q3, but less than BLS reported, ADP says
Overall wage growth nationwide increased by 1.7 percent across all industries in the third quarter, according to the ADP Workforce Vitality Report.
That is nearly one full percentage point below the 2.6 percent growth in...
‘Insurtech’ firm Mgaero adds veteran industry executive
“Insurtech” industry executive Alex Tsetsenekos has joined Freehold-based Mgaero as head of business development.
Tsetsenekos brings nearly 20 years of diverse leadership experience in the insurance industry to the team. He most recently founded Archimedes...
NJSBDC program aims to help small businesses get to next level
Trivia couldn’t seem to get easier: It’s called the New Jersey Small Business Development Center, so which does it work with more of — the state’s smallest businesses or companies graduating from that category?
If...
Business services company’s COO is leaving, it says
Edward Siciliano is stepping down as executive vice president and chief operating officer of Marlin Business Services Corp., the Mount Laurel-based company announced Friday.
Siciliano is leaving to pursue personal interests, the provider of credit...
Withum moves office from New Brunswick to E. Brunswick
Certified public accounting and advisory firm WithumSmith+Brown PC has moved one of its New Jersey offices from New Brunswick to East Brunswick.
More than 150 employees have made the shift to 1 Tower Center Blvd.
The...
Reports show Hispanic businesses are drawing banks’ notice
There are at least 3,000 new Hispanic businesses in the state since last year, and the $709 billion sector is attracting more interest from large banks, according to new reports.
Bank of America released its...
ESOPs may be smartest (and safest) succession strategy for boomers
The “silver tsunami,” the phrase used to describe the large wave of retiring baby boomers, who will be needing to sell off, shut down or transfer ownership of their small to midsized companies, is...
