PERSONAL FINANCE

First Mariner swung to loss in 2013

First Mariner swung to loss in 2013

First Mariner Bancorp's losses mounted last year before the parent of 1st Mariner Bank filed for bankruptcy protection in February.

FDIC sues former executives of Bradford Bank

The Federal Deposit Insurance Corp. filed a $7.4 million lawsuit against four former executives at Bradford Bank, alleging negligence on the executives' part...

Former Towson broker found liable for clients' retirement losses

A former Towson-based financial advisor for Signator Investors Inc. was found liable, along with the firm, for losses of elderly clients' retirement funds,...

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T. Rowe Price invests in Redfin

Portfolios managed by Baltimore-based T. Rowe Price participated in a $50 million mezzanine investment in Redfin, an online real estate...

T. Rowe Price rides Twitter IPO to huge gain

The New York Stock Exchange debut of Twitter offered a huge boost to five funds managed by Baltimore-based T. Rowe Price.

T. Rowe Price reports 9 percent increase in profit for third quarter

T. Rowe Price reported a $270.3 million profit in the third quarter Thursday, up 9.3 percent from the previous year, although the Baltimore-...

SEC suspends trading of MuniMae over late, missing filings

The U.S. Securities and Exchange Commission suspended trading of the shares of Municipal Mortgage & Equity LLC, a Baltimore firm known...

From intern to T. Rowe Price portfolio manager

A decade ago, Taymour Tamaddon was an MBA. student with a background in physics trying to convince Baltimore-based money manager T. Rowe...

Legg Mason Inc. to incur about $20 million in costs over six months

Baltimore-based money manager Legg Mason Inc. will incur charges of $10 million in each of the last two quarters of this year for paying...

Treasury Department to auction securities in Severn Bancorp, five other banks

The Treasury Department announced it intends to sell securities of six banks, including Severn Bancorp Inc. of Annapolis, as it winds down...

Small banks, credit unions try to lure customers with rewards program

Most checking accounts pay little or no interest, and fewer and fewer are free.

Eight Things NOT to Buy College-Bound Students

You're already going broke sending your kid to college, or at least it feels that way.

Md. biotech companies and investors have until Friday to apply for tax credits, state says

Early-stage Maryland biotechnology companies and investors must apply by Friday to be considered for the first-round of up to $10 million in...

BUSINESS MARKET NEWS

Wall Street gains on Yellen comments and Yahoo; BofA falls

NEW YORK (Reuters) - Stocks rose 1 percent on Wednesday, advancing for a third straight session as...

U.S. SEC releases cyber security examination blueprint

WASHINGTON (Reuters) - U.S. securities regulators have unveiled a road map that lays out how they...

AmEx profit tops estimates on higher user spending, lower expenses

(Reuters) - American Express Co's first-quarter profit beat analysts' average estimate as its...

Google first-quarter revenue misses Wall Street targets

SAN FRANCISCO (Reuters) - Google Inc's first-quarter revenue fell short of Wall Street targets and...

IBM revenue misses estimates as hardware sales fall

(Reuters) - International Business Machines Corp reported lower-than-expected quarterly revenue as...

American Funds urges password change to counter 'Heartbleed' bug

BOSTON (Reuters) - American Funds, the No. 3 U.S. mutual fund family, advised some customers to...

Bank of America's mortgage crisis costs become a recurring problem

(Reuters) - Bank of America Corp's mortgage pain is lasting longer than expected, leading some...

Former Madoff aides seek to have convictions tossed

NEW YORK (Reuters) - Five former Bernard Madoff aides have asked a federal judge to throw out...

BofA reports first quarterly loss since 2011 on lofty legal bill

(Reuters) - Bank of America Corp reported an unexpected first-quarter loss on Wednesday after it...

Exclusive - Bahrain's Ahli United Bank considers sale or merger: sources

By Anjuli Davies, Pamela Barbaglia and Sophie Sassard

Yahoo's growth anemic as turnaround chugs along

SAN FRANCISCO (Reuters) - Yahoo Inc again posted anemic quarterly revenue growth as the Internet...

Euro strength here to stay, unless ECB steps in

LONDON/FRANKFURT (Reuters) - Many of the factors driving the euro exchange rate to levels that...

Yahoo shares jump as Alibaba's revenue surges ahead of IPO

(Reuters) - Yahoo Inc's shares rose as much as 9 percent in heavy trading on Wednesday, a day...

Sodastream in talks to sell up to 16 percent stake: report

(Reuters) - At-home soda maker Sodastream International is in early talks to sell a stake of up to...

BlackRock granted direct access to China's financial markets

LONDON (Reuters) - BlackRock , the world's biggest asset manager, said it had been awarded a license...

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Reports raise concerns over security at federal field offices

From metal detectors to ID checks, visitors entering agency headquarters and large federal...

NSA, Homeland Security seals are fair game for poking fun

Dan McCall sells a lot of T-shirts, coffee cups and other products that tweak the government, so his...

Aberdeen scientists waiting to destroy Syrian chemical weapons

At the end of January, chemists and engineers left Aberdeen Proving Ground for the Mediterranean Sea...

Former troops storm Capitol Hill to fight suicides by veterans

In Iraq, Lauren Augustine operated unmanned aircraft on surveillance and reconnaissance missions for...

Manning sentence approved by Washington military district commander

— The commander of the Army Military District of Washington has approved the findings of the...