new jersey

PNC ordered to pay ex-employee $2.4M in sexual harassment case


A New Jersey jury has put banks and other businesses on notice about their liability for incidents involving clients who mistreat employees in the workplace.


Century Savings in N.J. hires veteran banker as its president


David Hanrahan had been CEO of Capital Bank of New Jersey, which was sold last year to OceanFirst Financial.


11 bankers and disruptors to watch in 2020


Can Charlie Scharf fix what ails Wells Fargo? How will Kelly King and Bill Rogers manage the integration of the biggest bank merger since the early 2000s? And will New Jersey Gov. Phil Murphy be able to beat back opposition from the banking industry and make good on his promise to create a state-owned bank? Here are 11 leaders to keep an eye on in 2020.


Northfield adding Staten Island branches with VSB purchase


The New Jersey company will pay $63 million for the parent of Victory State Bank.


Industrial evolution: Black-owned D.C. bank set to expand in New York


Industrial Bank CEO Doyle Mitchell has spent countless hours in New York since his bank bought the failed City National in November, meeting with existing customers and plotting his growth plans.


Kearny expanding in northern New Jersey with MSB purchase


The company will pay $94 million for a bank with operations in New Jersey's Somerset and Morris counties.


Investors Bancorp buys out activist shareholder


The New Jersey company paid $336 million for all stock owned by Blue Harbour Group.


Pause in rate cuts will mean more M&A in 2020, says OceanFirst chief


Christopher Maher, who has announced seven bank deals since 2015, says a stable rate outlook will help buyers and sellers crunch merger numbers.


Columbia Financial expanding in N.J. with Roselle Bank acquisition


The company will enter three counties in its home state after it buys Roselle.


Organizers planning new bank in New York area


PiNG Bank, which would be based in Jersey City, is being proposed by former bankers at Cross River Bank, Citigroup and GSL Savings Bank.