Valley National's latest acquisition would make it a much bigger player in Florida and provide a platform to write more auto loans. Both markets present attractive returns but high risks. ... Read full article
The acquisition would be Valley's third in the Sunshine State since 2014 and would give the New Jersey company its first branches in Alabama. ... Read full article
The New Jersey bank is looking to raise offensive capital just months after its deal to be sold to Investors Bancorp was terminated. Investors was tripped up by regulatory concerns tied to Bank Secrecy Act and anti-money-laundering compliance. ... Read full article
Delmar will buy Liberty Bell Bank in New Jersey, which had survived a debilitating six-year battle for control with a former CEO. Liberty Bell also suffered from corporate theft and a check-kiting scandal. ... Read full article
Steven Klein, the company's president, will become its CEO in early November. ... Read full article
BCB Bancorp will pay $20 million for Indus American Bank, a New Jersey institution that focuses on the South Asian-American business community. Indus American lost a total of $2.5 million in 2015 and 2016. ... Read full article
Murphy Capital Management in Gladstone, N.J., focuses on high-net-worth individuals, businesses and nonprofits. ... Read full article
The former New Jersey mutual is stepping up efforts to court bigger commercial clients. The move will help Investors diversify its loan book and deploy capital while it is barred from buying banks. ... Read full article
The New Jersey company's profit growth was constrained by an 11% increase in compensation and benefits and an 85% jump in consulting fees tied to compliance and other issues. ... Read full article
Growth in commercial real estate loans is a big reason the New Jersey bank had a strong quarter. ... Read full article
The company appointed a representative of Stilwell Group to its board. Stilwell, meanwhile, agreed to back Delanco's board nominees and refrain from pushing for the company's sale. ... Read full article
The New Jersey company added a representative of Blue Harbour Group in Connecticut to its board. ... Read full article
James Lockhart is set to join the New Jersey company's board. He will replace Wilbur Ross, who had to resign after becoming Commerce secretary. ... Read full article
The company sued the former director over the debt, which disqualified him from board service. ... Read full article
Fidelity Management & Research said Thursday it would back Energy Future Holdings Corp.’s chapter 11 bankruptcy plan, a big step for the case. Read the Daily Bankruptcy Review article via The Wall Street Journal . ... Read full article
