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1st Mariner Bank announced Wednesday that it had closed the sale of the bank to a group of local investors.
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Read More »1st Mariner sale closes, bank recapitalized
Investors still waiting on Fed to make moves
When Federal Reserve officials gather this week and Fed Chair Janet Yellen speaks with reporters, investors will be seeking clues to two big questions:
Tagged with: economy news federal reserve investment
Read More »Yellen foresees continued low borrowing rates
Federal Reserve Chair Janet Yellen said Wednesday that the U.S. economy is improving but noted that the job market remains "far from satisfactory" and inflation is still below the Fed's target rate.
Tagged with: economy news federal reserve interest rates investment
Read More »Fed still keeping rates low, sounds positive note
The Federal Reserve struck an encouraging note Wednesday: It will further cut its bond purchases because the U.S. job market needs less help. And it said the economy had strengthened after all but stalling during a harsh winter.
Tagged with: economy news federal reserve investment
Read More »T. Rowe downplays tech investments
T. Rowe Price Group Inc., along with other money managers, has earned plenty of publicity recently for investing in private technology companies, which traditionally has been the role of venture capitalists, not mutual-fund firms.
Tagged with: Baltimore earnings first quarter fund investment T. Rowe Price
Read More »Chevy Chase-based FCP plans Charleston rehab project
Federal Capital Partners, of Chevy Chase, a privately held real estate investment company that owns and manages in excess of $2.3 billion in assets, said it has joined with a group of investors in Charleston, S.C., called Roi-Tan Investments LLC, to acquire the historic Cigar Factory Building on Charleston’s Cooper River waterfront.
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Read More »Fed: How do we get message out to investors?
The Federal Reserve struggled last month over how to convey to investors that it will raise short-term interest rates only slowly once it increases them from record lows.
Tagged with: economy news federal reserve investment
Read More »Don’t be misled by funds’ 5-year return figures
Fabulous can have a flip side. It's something investors should remember as mutual funds' five-year return figures grow more eye-popping by the day.
Tagged with: finance investment
Read More »SEC proposes set of rules for investment via crowdfunding
WASHINGTON — Crowdfunding is about to go big time. For years, filmmakers, artists and charities have used the power of the Internet to generate money for projects. But in the coming year, with the blessing of Congress, startups will be ...
Tagged with: investment securities and exchange commission startups
Read More »22 firms paying $14.4M to settle SEC charges
WASHINGTON — Twenty-two investment firms are paying a total of $14.4 million to settle federal charges of improperly short-selling certain stocks and buying them soon after in public offerings. The Securities and Exchange Commission announced the settlements Tuesday. One of ...
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