| Aug 6, 2013
| 7:47 PM
In twin securities-fraud lawsuits against Bank of America Corp., the federal government is accusing the nation's second-largest lender of lying to investors about supposedly prime loans that more closely resembled subprime "liar loans."
The civil suits,...
| Sep 14, 2013
| 7:00 AM
Never let a crisis go to waste, says an old rule of politics.
For some major players in the economy, the financial crisis that began five years ago this month with Lehman Bros.' collapse turned out to be as much an opportunity as a calamity....
| Sep 22, 2013
Two decades ago, he was one of three young traders who made $27 million in 22 days trading the stock of a bankrupt company on the Chicago Stock Exchange, becoming known as one of "the bad boys of arbitrage."
Assessing that deal, a federal appeals...
| Oct 11, 2013
| 4:42 PM
NEW YORK — The financial crisis has finally caught up with Jamie Dimon.
As leader of JPMorgan Chase & Co., he steered the nation's largest bank through the Wall Street collapse of 2008. At the prodding of panicked U.S. regulators, the mighty New...
| Aug 22, 2011
| 3:19 PM
If you are offered a short-term advance on your paycheck at a triple-digit interest rate, you might think you're being pitched a payday loan — a product that's basically banned in Maryland and other states with rate caps.
But what if that deal came...
| Jan 5, 2012
| 3:45 PM
Under an agreement announced Thursday by the Maryland Attorney General's Office, Wells Fargo has agreed to make loan modifications and pay nearly $1 million in restitution to customers of two lenders acquired by the bank.
The office's Consumer Protection...
| Mar 10, 2011
| 7:16 PM
Los fiscales federal dijeron el miércoles que el principal sospechoso de las muertes de dos niños encontrados en el canal de Delray Beach también está siendo investigado por la muerte de la madre de los menores debido a que ella fue testigo contra él en...
| Apr 30, 2011
| 4:34 AM
Investigators said Elmer McGuirt robbed a Wachovia Bank in Tampa on Apr. 29th, reports The Tampa Tribune.
His getaway vehicle was less than ideal -- a Hillsborough Area Regional Transit bus.
While on the bus, the 27-year-old man began passing out...
| Feb 23, 2011
| 5:37 PM
A quick arrest in a robbery in downtown Harrisburg. It happened just before 6 o'clock. Police say that 48 year old Gary Reid, walked into the Wachovia Bank at North 3rd and Walnut street and handed a teller a note demanding money. No weapon was displayed....
| Nov 14, 2010
| 2:06 PM
Sarah Faust was hired as senior account executive and Becky Smith was hired as account executive at Acropolis in Orlando.
Larisa Perry was promoted to Central Florida regional president of Wachovia in Orlando.
Hal Warren was...
| May 18, 2011
Jim Freedman and his partners have been here before.
"We call this Act Three," he told me one day recently from the Westside high-rise office of Intrepid Investment Bankers, his new firm devoted to mergers and acquisitions in the regional middle market...