WASHINGTON — The Federal Reserve says the nation’s largest banks need to do a better job of determining how much capital they need to cushion against a future crisis. In a report issued Monday, the Fed said the big banks ...

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WASHINGTON — The U.S. Postal Service lost $1.3 billion in the final three months of last year, despite a blizzard of campaign advertising for the fall political elections and a big holiday mail and shipping season. The loss announced Friday ...

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Trustees may request that beneficiaries release them from liability as a condition of distributing trust funds, Maryland’s high court ruled Thursday.

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Slavie Federal Savings Bank, of Bel Air, reported Friday on steps it is taking to boost its capital position and lessen its risk exposure, pursuant to an agreement it signed in July with federal banking regulators. To meet minimum capital ...

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NEW YORK — Citigroup has agreed to pay $590 million to settle legal claims by shareholders that its executives misled them about the bank’s growing problems before the financial crisis. The bank denied the allegations Wednesday, but said it agreed ...

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WASHINGTON — JPMorgan Chase CEO Jamie Dimon told Congress on Wednesday that senior bank executives responsible for a $2 billion trading loss will probably have some of their pay taken back by the company. “It’s likely that there will be ...

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Communications network equipment maker Ciena Corp. said Thursday that its second-quarter loss narrowed, helped by a 14 percent jump in revenue. Gary Smith, the company’s president and chief executive, said Ciena remains well positioned for future growth and still expects ...

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WASHINGTON — Federal regulators are reviewing what JPMorgan Chase told investors about its finances and the risks it took weeks before suffering a multibillion-dollar trading loss. Mary Schapiro, chairman of the Securities and Exchange Commission, told the Senate Banking Committee ...

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SILVER SPRING — Discovery Communications Inc., operator of pay TV networks like Animal Planet, said Tuesday that its first-quarter net income fell 28 percent as it booked losses on its investment in the Oprah Winfrey Network. The results fell short ...

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ANNAPOLIS — Maryland farmers say wildlife caused an estimated $10 million in crop losses last year. The estimate was released Monday by the U.S. Department of Agriculture’s Maryland field office in Annapolis. Deer were blamed for more than three-quarters of ...

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