Tag Archives: Banking

Baltimore files second class complaint against banks in federal court

April 4, 2019 Comments Off on Baltimore files second class complaint against banks in federal court

“Just because it's controversial doesn’t make it unconstitutional,” Andre M. Davis, shown in a 2017 photo, told the 4th U.S. Circuit Court of Appeals Monday in defending Baltimore's aerial surveillance program. (The Daily Record/File Photo)

Baltimore joined plaintiffs from around the country this week by filing a federal lawsuit in New York alleging a price-fixing conspiracy by banks that purchase and sell debt issued by Fannie Mae and Freddie Mac. The city’s potential class-action suit is ...

Tagged with: Baltimore City law department Banking class action

Baltimore files potential class action against banks, alleges rate fixing

March 26, 2019 Comments Off on Baltimore files potential class action against banks, alleges rate fixing

Baltimore filed a potential class action lawsuit in New York Monday against a group of banks the city says conspired to fix interest rates of variable rate demand obligations, or VRDOs. The complaint, filed in U.S. District Court for the ...

Tagged with: Baltimore City law department Banking class action municipal government

Community banks use technology to hang with national competition

June 15, 2018 Comments Off on Community banks use technology to hang with national competition

(Illustration by The Daily Record / Maximilian Franz)

Small and community banks can use technology to their advantage as they compete with each other and larger banks.

Tagged with: Banking hamilton bank Old Line Bank

Regulators approve Howard Bancorp’s deal to acquire 1st Mariner

February 14, 2018 Comments Off on Regulators approve Howard Bancorp’s deal to acquire 1st Mariner

Howard Bank on U.S. Route 40 in Ellicott City. (Maximilian Franz/The Daily Record)

The parent company of Howard Bank has received all of the required regulatory approvals needed to finalize its acquisition of 1st Mariner Bank.

Tagged with: 1st Mariner Bank Baltimore Banking ellicott city howard bank Howard County

Trump administration brings hope, uncertainty for Md. financial services industry

December 22, 2016 Comments Off on Trump administration brings hope, uncertainty for Md. financial services industry

64663 (10/4/00) - WHO WANTS TO BE A MILLIONAIRE -- Who wants to be a millionaire? Everybody! This is the show that changed the landscape of network television, captivated billions of fans worldwide and took its place in broadcast history. Most important of all, it is the show that can change a contestant's life overnight. With host Regis Philbin at the helm, before a studio audience in New York City, "Who Wants to Be a Millionaire" is packed with drama, humor, pathos and nail-biting tension as viewers watch ordinary Americans compete to win a million dollars. "Who Wants to Be a Millionaire" airs Wednesdays (8:00-9:00 p.m., ET), Thursdays (9:00-10:00 p.m., ET), Fridays (8:00-9:00 p.m., ET) and Sundays (9:00-10:00 p.m., ET), on the ABC Television Network.
REGIS PHILBIN
Photographer: BOB D’AMICO

The results of the 2016 presidential election ushered in a period of uncertainty as to what a Donald Trump administration will mean for the country. For the financial services sector, however, Trump’s election opened a door to potential regulatory relief. ...

Tagged with: 2016 election Banking Donald Trump howard bank maryland bankers association

PNC’s Laura Gamble: ‘Not a lot of room for error’ in banking today

October 21, 2016 Comments Off on PNC’s Laura Gamble: ‘Not a lot of room for error’ in banking today

Laura Gamble of PNC Bank. (Maximilian Franz/The Daily Record).

From the changing role of bank branches to tighter profit margins, banks face numerous challenges in today’s market. Laura Gamble, Maryland regional president of PNC Financial Services Group Inc., talked to The Daily Record about how the bank, one of ...

Tagged with: Banking PNC Financial Services Group Inc.

15,000 Wells Fargo accounts in Md. may have been unauthorized

September 30, 2016 Comments Off on 15,000 Wells Fargo accounts in Md. may have been unauthorized

An independent review of Wells Fargo credit card and deposit accounts has determined that more than 15,000 accounts in Maryland may have been unauthorized, a practice found among Wells Fargo accounts across the country and one that has put the third-largest ...

Tagged with: Banking CFPB wells fargo

Banks out of reach, Md. marijuana businesses eye unique solutions

August 11, 2016 Comments Off on Banks out of reach, Md. marijuana businesses eye unique solutions

With state regulators next week revealing the recipients of the first round of licenses for growing and processing medical marijuana, one big question remains: Where does the money go? The federal government is still at odds with the 25 states and the ...

Tagged with: Banking marijuana

They may not look the same, but Md. bank branches hanging on

July 14, 2016 Comments Off on They may not look the same, but Md. bank branches hanging on

The PNC Bank at 6227 N. Charles Street in Baltimore. (The Daily Record/Maximilian Franz)

Even if your local bank branch is looking a little different these days, the bank branch is here to stay. “The community banking model isn’t ever going away, it’s never going out of style,” said Mindy Lehman, vice president of ...

Tagged with: atm Banking Banks big branch local small

Measure to provide banking access for marijuana businesses advances

June 21, 2016 Comments Off on Measure to provide banking access for marijuana businesses advances

As Maryland develops it medical marijuana licensing program, one problem persists. Businesses that sell marijuana complain that they have no place to secure their money. A recent Senate committee vote took a step toward addressing those concerns. In a 16-14 ...

Tagged with: Banking marijuana

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