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Tag Archives: Banking

U.S. soldiers sue banks over attacks in Iraq

Barclays Plc and HSBC Holdings Plc were among six banks sued by U.S. soldiers and their relatives over claims they helped Iran process billions of dollars in transactions and support terrorists who attacked them while serving in Iraq.

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Regulators cite lenders for risky loans

Federal regulators say they're concerned about a continued heavy risk in large loans made by banks and other financial institutions, with the amount of risky loans remaining at double the levels before the financial crisis.

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Judge approves bankruptcy exit plan for Detroit

A judge on Friday approved Detroit's plan to get out of bankruptcy, ending the largest public filing in U.S. history and launching the city into a turnaround that will require discipline after years of corruption, budget-busting debt and an exodus of residents.

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TD is banking on a new approach

Brian Monday, TD Bank’s regional president for metro Washington, D.C., Delaware and Baltimore. (The Daily Record/Adam Bednar)

TD Bank’s first Baltimore location is a concept project the company has never tried. The 2,275-square-foot branch at Canton Crossing features technology upgrades, such as an ATM that dispenses bills in denominations of $1, $5, $20, $50 and $100.

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Mixed results for 3 Maryland bank firms

Three Maryland banking companies showed mixed results in their third-quarter earnings reports. Shore Bancshares, parent company of CNB and Talbot Bank of Easton, reported net income of $1.262 million, or 10 cents per diluted share, for the third quarter of ...

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