Maryland Daily Record Maryland's trusted source for business and legal news
The 2023 real estate market is very different from two years ago, with Maryland’s bankers prioritizing helping buyers navigate their loan options.
Read More »Mortgage providers educating consumers as they confront changing real estate market
Tips for businesses, consumers to be on the lookout for fraud
If you have no knowledge of big transactions but they are on your statements, you are most likely a victim of fraud.
Tagged with: bank fraud Banking business banking fraud
Read More »Out of the shadows: CFG Bank digs in deep in Baltimore
Only a few months ago, CFG Bank probably was best known for being one of Maryland’s larger banks, the fifth largest in the state. Not anymore.
Tagged with: Baltimore Baltimore Peninsula Banking CFG bank
Read More »Asset-based lending comes into the mainstream
Maryland banking executives say commercial customers now regularly use business assets, from inventory to real estate, to secure debt.
Tagged with: asset-based loans Banking business lending
Read More »Banks offer tools, advice to help small businesses cope with inflation
Small businesses now must deal with higher prices for goods and determine how much of the burden to pass on to their customers.
Tagged with: Banking business banking inflation small businesses
Read More »Supreme Court declines banks’ appeal in Baltimore’s collusion claim
An international banking case in which Baltimore seeks to recover millions of dollars in alleged overpayments will head back to federal district court.
Tagged with: antitrust Banking collusion financial crisis municipal investment personal jurisdiction Supreme Court
Read More »Banks appeal Baltimore’s collusion claim to Supreme Court
An international banking case in which Baltimore seeks to recover millions of dollars in alleged overpayments is on appeal to the U.S. Supreme Court.
Tagged with: antitrust Banking collusion financial crisis municipal investment personal jurisdiction Supreme Court unjust enrichment
Read More »Big bank profits decline as deal-making, mortgages slow
Four big banks reported noticeable declines in their first-quarter profits Thursday, as the volatile markets and war in Ukraine caused deal-making to dry up.
Tagged with: Banking mortgages
Read More »For Mary Ann Scully, pivot to higher education a chance ‘to have an impact’
When Mary Ann Scully, founder of Howard Bank, announced the bank was being sold to F.N.B. Corporation, many wondered what the next step would be for her.
Tagged with: Banking higher education howard bank Loyola University Sellinger School of Business Mary Ann Scully
Read More »Small businesses in need of a loan find banks are stingy
Small businesses still have the pandemic and now high inflation to grapple with — and they're finding it's tough to get a loan to help with the daily grind.
Tagged with: Banking loans small businesses
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