Baltimore-based T. Rowe Price announced Thursday morning it promoted two of its executives, naming Rob Sharps as the company’s new president and Céline Dufétel as its chief operating officer. Sharps, who has been with the company for 23 years, will ...

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T. Rowe Price Group Inc. grew its assets under management to nearly a trillion dollars and boosted net revenues year-over-year in its fourth quarter.

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An element of the new tax law that expands how money in college savings accounts can be spent has left Maryland and education advocates with more questions than answers. Under a provision of the Tax Cuts and Jobs Act, parents now ...

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T. Rowe Price will be watching, along with other money managers, as Congress weighs reducing how much of their tax-exempt wages employees can contribute to their 401(k). Final details of the plan have not been released and President Donald Trump has ...

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T. Rowe Price on Tuesday named Céline Dufétel as the money manager’s next chief financial officer and treasurer.

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While political uncertainty has some corners of the market doubting the future of tax reform, T. Rowe Price president and CEO William Stromberg said he’s still optimistic something will get done. Stock markets surged after the November election with the ...

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The Baltimore City Health Department launched a program Monday to encourage city employers to increase employee health. Under the program, city businesses can earn a Workplace Wellness Designation if they meet certain criteria. “We recognize the important role our business ...

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When attendees gather for the first annual Daily Record Women’s Leadership Summit on Tuesday, one of the key topics for discussion will be how to improve Maryland’s below-average rate of including women on company boards. Increasing female board representation won’t ...

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T. Rowe Price shareholders rejected shareholder proposals to issue reports about climate change, executive compensation and diversity at Wednesday’s annual meeting at the company’s Owings Mills campus. On climate change and executive compensation, at issue were how the company proxy ...

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While President Donald Trump’s 60-day regulatory freeze has prompted some financial service leaders to push for a repeal of the Department of Labor’s fiduciary duty rule, T. Rowe Price CEO William J. Stromberg says the Baltimore money manager is on track to implement ...

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