Participation in office loan trips up New Jersey bank
Commercial real estate loans are a growing area of concern for banks. But OceanFirst says its exposure to a troubled shared credit tied to a Manhattan office building isn’t a sign of broader problems in its portfolio.
Cannabis banking bill passes Senate hurdle despite bipartisan opposition
Sen. Raphael Warnock, D-Ga., was the only Democratic lawmaker to vote against the legislation, while three Republicans voted in favor.
Citi seeks global payments exec, NAB fined over fees
Citi's hiring a global instant payments exec, Australian regulator hits National Australia Bank over fees, and more.
For Julie Celozzi at Cogent Bank, a boutique experience is the goal
The two branches Julie Celozzi oversees for the Orlando, Florida, bank amassed $400 million of deposits in three years. Such production is often a steppingstone to bigger things, but Celozzi — who began as a part-time teller in high school