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Tag Archives: Bank of America

On the Move, 9/27: Lanes named principal by Hord Coplan Macht

Helen E. Lanes has joined Hord Coplan Macht as a principal. Lanes will lead the Baltimore architectural firm’s interiors studio. Her more than 20 years of experience includes working with such health care providers as Johns Hopkins Hospital, Howard County ...

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Top 5: ‘It’s bad news for Maryland’ (access required)

Following Tuesday’s primary, Baltimore is on its way to sending Stephanie Rawlings-Blake to a second term as mayor, and the announcement of Bank of America’s 30,000 layoffs will surely be felt in Maryland. Those stories and more in this week’s ...

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Large U.S. banks must show how they would wind down

WASHINGTON — The largest U.S. banks will be required to show regulators how they would break up and sell off their assets if they are in danger of failing. The Federal Deposit Insurance Corp. voted 3-0 Tuesday to approve the ...

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Bank of America layoffs to hurt Maryland (access required)

Bank of America’s plan to shrink its workforce by 10 percent over the next few years will almost certainly have significant effect on Maryland, given the bank’s presence and stature in the state, analysts said. Bank of America Corp., the ...

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Stocks plunge as worries about Europe intensify

The problems that weighed down stocks all summer show no sign of letting up. U.S. stocks plunged Friday, erasing the week’s gains, amid rising fears about fallout from Europe’s debt crisis. Seeking safer investments, investors sent the yield on the ...

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Bank of America sells half of its China bank stake

NEW YORK — Bank of America Corp. is selling half of its stake in China Construction Bank Corp. to raise cash and shore up its capital base. The nation’s largest bank by assets said Monday it will sell 13.1 billion ...

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