Valley National Bank Strengthens Hedging with Derivative Path

Valley National Bank (Valley), a subsidiary of Valley National Bancorp (NYSE: VLY), has signed on with Derivative Path, Inc. to enhance its commercial interest rate derivatives offering. The $30.14 billion financial services company, based in New Jersey, will utilize state-of-the-art capabilities of DerivativeEDGETM, an end-to-end cloud-based OTC derivative trading platform to execute, manage, and service its interest rate derivatives portfolio.

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