GE laying off almost 150 in Jacksonville

(courtesy of Jacksonville Business Journal) GE Global Operations, a division of the General Electric Company (NYSE: GE), will layoff 147 finance and insurance employees in Jacksonville in January, according to a notice filed with the state of Florida. The last day for the employees at GE's Kenan Drive office will be Jan. 12, the same … Continue reading GE laying off almost 150 in Jacksonville

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Rising rates are not all good news for US banks

(courtesy of JaxBizJournal ) This week’s jump in interest rates has carried bank stocks along with it, but investment analysts caution against assuming that a rising rate environment will boost bank earnings, particularly in the near term. The reason: what banks pay for deposit funding — which has been close to nothing, in many cases, for … Continue reading Rising rates are not all good news for US banks

Florida Blue hiring 200 temporary workers ahead of open enrollment

(Courtesy of Jacksonville Business Journal) Jacksonville-based Florida Blue health insurance is hiring 200 temporary workers for its call centers before open enrollment, which runs from Nov. 1 through Dec. 15. Two job fairs will be held this week at the Florida Blue Centers at River City Marketplace, 13141 City Station Drive. One will be held … Continue reading Florida Blue hiring 200 temporary workers ahead of open enrollment

‘Downtown is ripe for some major growth’ — exclusive conversation with Bank of America market president 

(Courtesy of Jacksonville Business News)   Enlarge Greg Smith, Bank of America market president. Bank of America market president Greg Smith sees more opportunities for downtown growth now that major projects are starting. "Downtown is ripe for some major growth," Smith told the Business Journal. "There are a lot of things coming out of the … Continue reading ‘Downtown is ripe for some major growth’ — exclusive conversation with Bank of America market president 

As TIAA Bank becomes official, merger ‘favorable’ to Jacksonville job market 

(Courtesy of Jacksonville Business Journal) Enlarge Proposed bank signage The combination of TIAA and EverBank will be good for Jacksonville, the head of the financial service’s company’s banking operation said Monday, the day the combined organization was officially launched. “It will definitely be favorable to the overall job market in Jacksonville,” said Blake Wilson, who … Continue reading As TIAA Bank becomes official, merger ‘favorable’ to Jacksonville job market 