| Aug 21, 2014
| 5:22 AM
While Chesapeake-based Monarch Bank has mortgage offices in Richmond, it is now adding commercial real estate lending to the area, Inside Business reports.
Monarch hired Andy Proctor, owner of Atlantic Mortgage and Investment Co., to conduct the...
| Dec 21, 2013
| 12:00 PM
Wells Fargo branch manager Rita Murillo came to dread the phone calls.
Regional bosses required hourly conferences on her Florida branch's progress toward daily quotas for opening accounts and selling customers extras such as overdraft protection....
| 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...
| 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...
| 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....
| 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,...
| Jan 3, 2013
| 3:17 PM
Kenneth Todd Brunetti and Lois Jean Vance Smyth rekindled a high school friendship after finding each other on Facebook two years ago. Just a few months later, Brunetti shot Smyth in the head and left her for dead in Leakin Park.
After the killing,...
| Oct 8, 2012
| 3:00 AM
Corporate-sponsored groups have launched a campaign of litigation in the lower federal courts challenging the legality of the second major piece of President Barack Obama's legislative program, one that received a lot of attention in last week's first...
| Jul 12, 2012
| 6:24 PM
About 1,000 Baltimore-area residents are expected to receive thousands of dollars each under a landmark $175 million settlement between the U.S. Department of Justice and Wells Fargo over accusations of discriminatory lending practices.
Under the terms...
| Jun 21, 2012
| 2:37 PM
A 50-year-old man who threatened to shoot patrons and tellers while robbing two Baltimore banks within a block of each other near Johns Hopkins Hospital was sentenced Thursday to 12 years in prison.
George Jordan, of Baltimore, admitted in U.S....
| Jun 5, 2012
As one of the first women to hold a position of power on Wall Street, Marion O. Sandler was notable even before she and her husband, Herbert, spent 43 years building Oakland's World Savings Bank into such a major — and ultimately controversial...