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Business Institutions

A collection of news and information related to Business Institutions published by this site and its partners.

Top Business Institutions Articles

Displaying items 34-44
  • Breaking New Ground: Women At The Helm

    Breaking New Ground: Women At The Helm
    At the helm of a ship early in her career with the U.S. Coast Guard, Sandra Stosz was given an ultimatum: "You stand on the bridge like John Wayne with a six-gun in each hand barking orders and then I'll qualify you." Stosz, a 1978 graduate of the U....
  • SunTrust to pay nearly $1 billion for mortgage origination practices

    SunTrust Banks Inc, a large Southeastern regional bank, has agreed to pay $968 million to settle a U.S. federal probe into allegations of mortgage origination, servicing and foreclosure abuses, the U.S. Justice Department said on Tuesday. SunTrust,...
  • SunTrust settlement to bring $33 million to Maryland

    SunTrust settlement to bring $33 million to Maryland
    Maryland will receive $33 million from a nearly $1 billion joint state-federal settlement reached with SunTrust Mortgage Inc. over past problems with its mortgage servicing and foreclosure procedures, the Maryland Attorney General's office announced...
  • U.S. Fed Hires Former Connecticut Insurance Chief To Oversee AIG, Prudential

    U.S. Fed Hires Former Connecticut Insurance Chief To Oversee AIG, Prudential
    Insurance companies large enough that their failure could disrupt the U.S. economy will face a familiar regulator as former Connecticut Insurance Commissioner Thomas R. Sullivan starts a newly created position next week at the U.S. Federal Reserve....
  • Building Baltimore's next economy

    Building Baltimore's next economy
    By several measures, metropolitan Baltimore's economy is doing better than fine. In 2010, median household income was nearly $15,000 higher than the national average, and during the last decade, real incomes grew even as they shrank nationally. Metro...
  • Sun Sentinel Investigation: Tax lien sharks use shell companies to squeeze out locals

    Sun Sentinel Investigation: Tax lien sharks use shell companies to squeeze out locals
    Tax lien auctions are a little-known but juicy Florida financial market worth up to $1 billion a year. And, the Sun Sentinel has found, banks, hedge funds and other financial powerhouses have hit upon a way to game the system, squeeze out the little guy...
  • New agency looking into banks' overdraft policies

    New agency looking into banks' overdraft policies
    It's a common complaint in South Florida: High penalties and fees for overdrawing the balance in your checking account. Today, the federal Consumer Financial Protection Bureau is launching an inquiry into overdraft programs to see how they are...
  • Marylanders aren't shy about complaining

    Marylanders aren't shy about complaining
    Marylanders are big complainers. At least when it comes to the financial services they receive. Maryland ranked No. 2 in the nation in mortgage complaints per capita, second only to New Hampshire, for grievances lodged with the Consumer Financial...
  • Report: Let private student loans be discharged in bankruptcy

    Report: Let private student loans be discharged in bankruptcy
    Borrowers overwhelmed by private student loan debt often discover an ugly truth too late — these loans can't be discharged in bankruptcy like other types of consumer loans. A new report on private student loans by the Consumer Financial...
  • New Md. law aims to halt financial abuse of the elderly

    Maryland banks and credit unions are likely to be among the first to notice that an elderly customer is being financially exploited by a con artist or an unscrupulous relative. So it makes sense that these institutions take part in an effort to protect...
  • Banks and credit unions to offer cash prizes under new law

    Banks and credit unions to offer cash prizes under new law
    The thrill of potentially winning big bucks gets people to spend millions of dollars regularly on lottery tickets. Can this same concept excite Marylanders to become better savers? We'll find out. A new law that kicks in next month will allow banks...