The Stablecoin Revolution in Remittances
Stablecoins—cryptocurrencies pegged to stable assets like the U.S. dollar—are rapidly reshaping the global remittance landscape. For South and Southeast Asia, where remittances are a major economic li...
Reposition
Summary
OceanFirst Bank announced the closings of its acquisitions, effective January 1, 2020, of Country Bank. OceanFirst Bank is one of the largest regional banks in New Jersey with a presence in New York and Philadelphia. It stays focused on building long-term relationships with the customers and giving back to the communities it serves. It offers a full range of banking and financial services including Commercial, Retail and Business deposit accounts and financing solutions, Treasury Management, Trust & Estate Planning, and a host of digital tools.
Categories
Commercial Banks
ServicesBank Account
Highly Rated Similar Providers
Country Bank - Recent News & Articles
Goldman Sachs tops estimates as traders generate $840 million more revenue than expected
Goldman Sachs on Wednesday posted results that topped expectations as its trading operations generated $840 million more revenue than analysts had expected. Here’s what the company reported: -Earning...
The End of Average: AI Is Rewriting the Rules of Digital Banking CX
In 2024, banking crossed a critical threshold. No longer satisfied with being simply digital and inspired by interactions with Chat GPT, customers began demanding something deeper—experiences that und...
Calpers deepens private equity exposure after strong $556.2bn performance year
Calpers is expanding its private equity portfolio following its strongest fiscal year since 2021, reporting an 11.6% return and reaching $556.2bn in total assets under management, according to a repor...
JPMorgan Chase tops estimates on stronger-than-expected trading, investment banking
JPMorgan Chase on Tuesday topped analysts’ estimates on better-than-expected revenue from fixed income trading and investment banking. Here’s what the company reported: - Earnings: $5.24 a share, may ...
Bank of England governor warns against private stablecoin issuance
Bank of England governor Andrew Bailey joins a growing list of European officials concerned with the rise of stablecoins. Stablecoins introduce systemic risks to banking institutions that could destab...
Bilt hits $10.75bn valuation
Neighbourhood loyalty platform Bilt has raised $250 million in primary funding, sending its valuation soaring to $10.75 billion. The round was led by General Catalyst and GID with further investment f...
Bank of Korea keeps rates steady as it assesses measures to cool Seoul’s housing market
The Bank of Korea noted a “significant acceleration in housing prices in Seoul.” The central bank is, however, expected to cut rates in its next policy meeting as measures to cool the housing market i...
Robinhood Says OpenAI Stock Tokens Backed by Special Purpose Vehicle
Robinhood's tokens offering exposure to OpenAI are not actual equity but are backed by a special purpose vehicle. OpenAI has stated that any transfer of equity requires their approval, which has not b...
China’s producer prices fall 3.6% in June, biggest drop in nearly two years as deflation deepens
China’s producer prices plunged 3.6% in June from a year earlier, marking its largest decline since July 2023. The consumer price index edged 0.1% higher in June from a year ago, beating the estimates...