| Dec 23, 2011
| 5:28 PM
Edwin F. Hale Sr., the Baltimore trucking magnate and developer, said Friday that he has retired as chief executive and chairman of First Mariner Bancorp — the banking company he built, only to scramble in the housing market collapse and recession...
| Jan 26, 2012
When President Barack Obama said in his State of the Union speech Tuesday that big banks are "required to write out a living will," it was the first time that many Americans had heard of the banking rule.
Obama, who appears to be in re-election mode,...
| Jul 13, 2011
| 7:19 AM
Thank cost-cutting for this change to the U.S. savings bond program:
Starting next year, you won’t be able to buy paper savings bonds at banks and other financial institutions. Getting rid of this paper work is expected to save taxpayers more than...
| Oct 10, 2011
| 4:57 PM
Ken Rose is a Bank of America customer, but he has also done business for years with Destinations Credit Union in Parkville. Now, with the bank's announcement that it will charge many debit-card users a $5 monthly fee, the Edmondson Village resident...
| Oct 16, 2011
The first reports of big banks instituting new fees for using debit cards and for certain checking accounts really riled customers. Clifford Rossi, a professor at the Robert H. Smith School of Business at the University of Maryland, is well suited to...
| Sep 18, 2011
| 3:01 PM
On the day last week that Bank of America announced sweeping cost-cuts, including the elimination of 30,000 jobs, executives at BlueRidge Bank celebrated a milestone for the three-year-old financial company.
The Frederick-based community bank opened a...
| Nov 12, 2011
| 2:52 PM
Local credit unions are reporting a flood of new members during October as the Occupy movement and recent Bank Transfer Day drive customers away from corporate institutions.
First Entertainment Credit Union, which has two branches in Burbank and seven...
| Sep 17, 2012
| 3:32 PM
The state Board of Public Works is expected to put 22 companies on notice Wednesday that they must show they are not investing in Iran's energy sector or be disqualified from doing business with the state.
The companies are the first to be targeted under...
| Aug 2, 2012
| 7:51 AM
WASHINGTON, DC -- President Barack Obama has signed a covert directive authorizing U.S. support for Syrian rebels battling President Bashar al-Assad's forces, U.S. officials told CNN on Wednesday.
The secret order, referred to as an intelligence...
| Oct 14, 2012
Wall Street might have turned its back on Democrats this election, but that's not the case among Maryland investment firms.
The vast majority of contributions to candidates by T. Rowe Price employees went to Democrats. And Democrats were the...
| Jun 4, 2012
| 5:49 AM
One more reason why the Consumer Financial Protection Bureauneeds to look at prepaid debit cards:
College students are finding their scarce dollars eaten up by fees on the cards, which many schools are using for student IDs and to disburse financial aid,...