Latest news with #FlagstarBank
Associated Press
10 hours ago
- Business
- Associated Press
Bruce A. Watterson Joins Peapack Private Bank & Trust
BEDMINSTER, NJ - June 3, 2025 ( NEWMEDIAWIRE ) - Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private Bank & Trust announce that Bruce A. Watterson has joined the Bank as a Senior Managing Director, Managing Group Director, with the Bank's Commercial Banking division. He will be based out of the Bank's newest location in Garden City, New York. Bruce joins Peapack Private from Flagstar Bank, formerly Signature Bank, where he has worked since 2001 as a senior vice president and managing group director. At Flagstar, Bruce was responsible for providing middle market businesses and high net worth clients in the NY Metro with solutions for all their financial needs. Prior to Flagstar, Bruce was with CitiGroup Private Bank where he was a vice president and managing director. He has over 40 years of corporate, private, and middle market banking experience, having held similar positions at National Westminster Bank, Marine Midland Bank and Mellon Financial Services. A graduate from Pace University's Lubin School of Business in Pleasantville, NY, where he majored in Finance and Accounting, Bruce is a Certified Cash Manager (CCM) and also maintains Series 6, 7 and 63/64 NASD licenses, in addition to a NYS Life and Health and Annuity License. He is heavily involved in the Long Island community and is active on numerous committees and boards. His affiliations include: The Energeia Partnership, The Education and Assistance Corp (EAC), The Challenger Business Advisory Counsel, The Nassau County Bar's We Care Community Leaders, Rock and Wrap It Up and The Financial Executive's Institute. About the Company Peapack-Gladstone Financial Corporation is a New Jersey bank holding company with total assets of $7.1 billion and assets under management and/or administration of $11.8 billion as of March 31, 2025. Founded in 1921, Peapack Private Bank & Trust is a commercial bank that offers a client-centric approach to banking, providing high-quality products along with customized and innovative wealth management, investment banking, commercial and personal banking solutions. The Bank's wealth management division offers comprehensive financial, tax, fiduciary and investment advice and solutions to individuals, families, privately held businesses, family offices and not-for-profit organizations, which help them to establish, maintain and expand their legacy. Peapack Private Bank & Trust offers an unparalleled commitment to client service. Visit for more information. Contact: Denise Pace-Sanders, Peapack Private Bank & Trust, SVP Managing Principal, Brand and Marketing Director, 500 Hills Drive, Suite 300, Bedminster, NJ 07921, [email protected], (908) 470-3322 View the original release on
Bloomberg
6 days ago
- Business
- Bloomberg
Major NYC Landlord Blames Bankruptcy On High Interest Rates
A portfolio of rent-stabilized New York City apartments owned by Joel Wiener was pushed into bankruptcy by 'sky-rocketed' interest rates and changes to state housing law that restricted the property owners' ability to increase rent on tenants, according to court papers. Dozens of properties managed by Wiener's Pinnacle Group were put into Chapter 11 last week, saddled with roughly $564 million in mortgage debt and facing foreclosure actions from its primary lender, Flagstar Bank. The apartments also have outstanding amounts on Israeli-issued bonds, pushing the total debt on the properties to roughly $1 billion, according to bankruptcy papers filed Tuesday.
Associated Press
27-05-2025
- Business
- Associated Press
Nancy Foran-Pinzon Joins Peapack Private Bank & Trust
BEDMINSTER, NJ - May 27, 2025 ( NEWMEDIAWIRE ) - Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private Bank & Trust announce that Nancy Foran-Pinzon has joined the Bank as a Senior Managing Director and Group Director with its Commercial Banking division. Nancy joins a team of bankers now responsible for helping grow Peapack Private into Long Island and the Tri-State Area. She is based out of the Bank's Melville, New York location. A former vice president and group director with Flagstar Bank, Nancy helped establish the first Suffolk County PCG Group and Financial Center for then Signature Bank, growing the group's book of business to a peak of $306 million in balances, and commitments to $230 million, and outstandings of $120 million. Prior to Flagstar/Signature, at Fleet Bank, she was a vice president, portfolio manager for the contractor team, working with several relationship managers, maintaining the quality of the book of business, gathering financial information and assisting in the underwriting process. Nancy held additional roles at Fleet Bank as she developed her career over the years. Nancy is a graduate of Babson College, graduating in three years, with a Bachelor of Science degree in Finance. About the Company Peapack-Gladstone Financial Corporation is a New Jersey bank holding company with total assets of $7.1 billion and assets under management and/or administration of $11.8 billion as of March 31, 2025. Founded in 1921, Peapack Private Bank & Trust is a commercial bank that offers a client-centric approach to banking, providing high-quality products along with customized and innovative wealth management, investment banking, commercial and personal banking solutions. The Bank's wealth management division offers comprehensive financial, tax, fiduciary and investment advice and solutions to individuals, families, privately held businesses, family offices and not-for-profit organizations, which help them to establish, maintain and expand their legacy. Peapack Private Bank & Trust offers an unparalleled commitment to client service. Visit for more information. Contact: Denise Pace-Sanders, Peapack Private Bank & Trust, SVP Managing Principal, Brand and Marketing Director, 500 Hills Drive, Suite 300, Bedminster, NJ 07921, [email protected], (908) 470-3322 View the original release on
Associated Press
21-05-2025
- Business
- Associated Press
Tim Juliano Joins Peapack Private Bank & Trust
BEDMINSTER, NJ - May 21, 2025 ( NEWMEDIAWIRE ) - Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack Private Bank & Trust announce that Tim Juliano has joined the Bank's commercial banking division as a Senior Managing Director based out of its growing Melville, New York location. Tim will lead a team of relationship managers as a group director, responsible for growing Peapack Private's presence on Long Island. With more than 37 years of commercial banking experience, Tim joins from Flagstar Bank where as a senior vice president and managing group director, he was responsible for the overall management of team activities in business development, relationship management and day to day servicing of an existing portfolio of middle market clients, and a portfolio of over 50 relationships, with a peak of $440 million in deposits and $350 million in credit commitments. Prior to Flagstar, he held similar senior leadership level roles at Dime Community Bank, Sterling National Bank, and Capital One Bank. Earlier in his career he was a vice president and finance manager in business financial services with Merrill Lynch. His banking career began with roles at Manufacturers Hanover Trust, Chemical Bank and Chase Manhattan Bank (via mergers), where he was a relationship manager in the business banking space. An ex-captain with the Hauppauge Volunteer Fire Department, Tim has a Bachelor of Arts in economics from the State University of New York Stony Brook. About the Company Peapack-Gladstone Financial Corporation is a New Jersey bank holding company with total assets of $7.1 billion and assets under management and/or administration of $11.8 billion as of March 31, 2025. Founded in 1921, Peapack Private Bank & Trust is a commercial bank that offers a client-centric approach to banking, providing high-quality products along with customized and innovative wealth management, investment banking, commercial and personal banking solutions. The Bank's wealth management division offers comprehensive financial, tax, fiduciary and investment advice and solutions to individuals, families, privately held businesses, family offices and not-for-profit organizations, which help them to establish, maintain and expand their legacy. Peapack Private Bank & Trust offers an unparalleled commitment to client service. Visit for more information. Contact: Denise Pace-Sanders, Peapack Private Bank & Trust, SVP Managing Principal, Brand and Marketing Director, 500 Hills Drive, Suite 300, Bedminster, NJ 07921, [email protected], (908) 470-3322 View the original release on
Forbes
10-05-2025
- Business
- Forbes
Best Mortgage Refinance Lenders Of 2025
Editor's Take Flagstar Bank Mortgage saves time on closing day with its free hybrid eClose solution, which lets borrowers complete most of the final paperwork on their mobile device or computer in advance. Borrowers can also opt for a traditional closing at a settlement agent's office or a Flagstar branch. Why We Like It You can start the mortgage refinancing process online nationwide with weekend phone support. Homeowners can also remotely connect with a local loan advisor from a nearby Flagstar branch without scheduling an in-person appointment. What We Don't Like Flagstar has branch locations in only nine states, restricting accessibility to local loan officers who can help navigate complex situations and minimize underwriting delays. Who It's Best For Flagstar refinance mortgages are best for homeowners who want a streamlined closing experience for accelerated processing.
