Peapack-Gladstone Financial Corporation And Peapack Private, Announces New York City Expansion
Portfolio Pulse from Benzinga Newsdesk
Peapack-Gladstone Financial Corporation (PGC) and its division Peapack Private are expanding into New York City, hiring Andrew F. Corrado and over 10 teams of commercial and private bankers. Corrado, with a rich background from Signature Bank, Flagstar Bank, and Capital One, aims to leverage his experience for Peapack Private's growth in Manhattan. The expansion capitalizes on the momentum from last year's successful move into NYC, aiming to align client goals with Peapack Private's customized banking solutions.

April 08, 2024 | 8:21 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Peapack-Gladstone Financial Corporation is expanding its operations into New York City, hiring Andrew F. Corrado and over 10 teams of bankers to spearhead growth in the region.
The expansion into New York City, led by a seasoned banker like Andrew F. Corrado, signifies a strategic growth initiative for Peapack-Gladstone Financial Corporation. This move is likely to enhance the company's visibility, client base, and overall market share in a key financial hub. The positive momentum from last year's expansion and the hiring of experienced teams suggest a strong potential for increased business activities, client acquisition, and financial performance in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100