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Four of the largest U.S. banks said their profits grew by double-digits last quarter, as a healthier U.S. economy has allowed banks to have fewer bad loans and charge-offs.
Read More »Bank profits soar, helped by merger frenzy, fewer bad loans 
Bank profits soar, helped by merger frenzy, fewer bad loans
Howard Bank to release Q3 financial report Oct. 20
Howard Bancorp Inc. will issue its third quarter of 2021 financial results after the markets close on Oct. 20.
Tagged with: Banks
Read More »PNC becomes latest large bank to raise base wages to $18 an hour
August 30, 2021
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PNC Bank is the latest large U.S. financial services company to increase wages in a bid to keep and attract employees, raising its minimum wage to $18 an hour.
Tagged with: Banks minimum wage
Read More »M&T Bank commits $1M for small business loans in PG County
August 19, 2021
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M&T Bank has committed $1 million to provide loans to small businesses in Prince George’s County that would not typically qualify for loans.
Tagged with: Banks loans Small business
Read More »Md. banks say they’re broadening investments in minority businesses
After the murder of George Floyd by a Minneapolis police officer in May 2020, many residents, organizations and businesses began taking a closer, deeper look at racial and economic injustice. Though many have been making contributions for a number of ...
Tagged with: Banks equity minority businesses
Read More »Ally Financial becomes first large bank to end all overdraft fees
June 2, 2021
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Ally Financial is ending overdraft fees entirely on all of its bank products, becoming the first large bank to end overdraft fees across its entire business.
Tagged with: Banks overdraft fees
Read More »Big bank CEOs return to Congress at time of deep partisan divide
May 26, 2021
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The CEOs of the biggest banks went before Congress on Wednesday with plans to discuss how helpful Wall Street was for borrowers and businesses during the pandemic.
Tagged with: Banks Congress wall street
Read More »Saved by online lenders in pandemic, small businesses say they’ll borrow again
May 25, 2021
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Some small businesses forced to turn to online lenders for pandemic relief are making those niche players a bigger part of their financial game plan, and are even considering dumping their traditional banks altogether.
Tagged with: Banks COVID-19 online lenders Paycheck Protection Program Small business
Read More »Cybersecurity efforts continue to grow for banks
October 8, 2018
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At Hamilton Bank, a Towson-based financial institution with seven branches, cybersecurity used to be one employee’s part-time job a few years ago and an outside security company would come in every three years for a couple of days to check ...
Tagged with: Banks first united bank and trust hamilton bank howard bank
Read More »Ex-Wilmington Trust officials convicted of fraud, conspiracy
May 3, 2018
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Four former executives for the only financial institution to be criminally charged in connection with the federal bank bailout program were convicted Thursday on fraud and conspiracy charges.
Tagged with: bank bailout Banks trial wilmington trust
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