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Business Institutions

Highlights

A collection of news and information related to Business Institutions published by this site and its partners.

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    May 14, 2012 |Story| Baltimore Sun

  1. New Md. law aims to halt financial abuse of the elderly

    Maryland banks and credit unions are likely to be among the first to notice that an elderly customer is being financially exploited by a con artist or an unscrupulous relative. So it makes sense that these institutions take part in an effort to protect...

    Tags: Montgomery County (Maryland), Financial and Business Services, MetLife Incorporated

    2. May 6, 2012 |Story| Baltimore Sun

  2. Banks and credit unions to offer cash prizes under new law

    The thrill of potentially winning big bucks gets people to spend millions of dollars regularly on lottery tickets. Can this same concept excite Marylanders to become better savers?
    The thrill of potentially winning big bucks gets people to spend millions of dollars regularly on lottery tickets. Can this same concept excite Marylanders to become better savers? We'll find out. A new law that kicks in next month will allow banks...

    Tags: Consumers, Finance, Litigation and Regulation, Mega Millions Lottery, Lotteries

    3. Apr 23, 2012 |Story| Baltimore Sun

  3. Building Baltimore's next economy

    By several measures, metropolitan Baltimore's economy is doing better than fine.
    By several measures, metropolitan Baltimore's economy is doing better than fine. In 2010, median household income was nearly $15,000 higher than the national average, and during the last decade, real incomes grew even as they shrank nationally. Metro...

    Tags: Food Industry, Poverty, Personal Income

    4. Mar 30, 2012 |Story| Baltimore Sun

  4. MasterCard and Visa warn of breach that could compromise millions of card numbers

    MasterCard and Visa are warning banks nationwide&nbsp;of a massive breach at an unnamed&nbsp;U.S-based credit card processor, potentially involving as more than 10 million card numbers could be compromised, according to the blog, <a href=&quot;http://krebsonsecurity.com/2012/03/mastercard-visa-warn-of-processor-breach/#more-14393" target="_blank">KrebsonSecurity</a>.
    MasterCard and Visa are warning banks nationwide of a massive breach at an unnamed U.S-based credit card processor, potentially involving as more than 10 million card numbers could be compromised, according to the blog, KrebsonSecurity. Blogger Brian...

    Tags: Data Protection, Consumers, Bank of America Corp., Security, Personal Data Collection

    5. Dec 23, 2011 |Story| Baltimore Sun

  5. First Mariner's Hale retires

    Edwin F. Hale Sr., the Baltimore trucking magnate and developer, said Friday that he has retired as chief executive and chairman of First Mariner Bancorp &#8212; the banking company he built, only to scramble in the housing market collapse and recession to save it from failure.
    Edwin F. Hale Sr., the Baltimore trucking magnate and developer, said Friday that he has retired as chief executive and chairman of First Mariner Bancorp — the banking company he built, only to scramble in the housing market collapse and recession...

    Tags: Wilmington Trust Company, Inner Harbor, Glen Burnie, Mortgages, Corporate Officers

    6. Dec 7, 2011 |Story| Baltimore Sun

  6. Obama willing to ignore the law when it threatens his Wall Street friends

    With each passing day, I regret more and more having voted for President Obama. One can't judge a book by its cover, nor can one judge a politician by his speeches, no matter how articulate. In August, Mr. Obama told the Justice Department to ignore...

    Tags: Immigration, Mortgages, Illegal Immigrants, 60 Minutes (tv program), CBS Corp.

    7. Jan 10, 2012 |Story| Baltimore Sun

  7. BGE customers unhappy with website upgrade

    Baltimore Gas &amp; Electric has upgraded its website and customer interface software. As often happens in these matters, not all seems to be going smoothly. I've heard from several customers who are having problems with the site. Says one:
    Baltimore Gas & Electric has upgraded its website and customer interface software. As often happens in these matters, not all seems to be going smoothly. I've heard from several customers who are having problems with the site. Says one: "Have you tried...

    Tags: Media Industry, Computing and Information Technology Industry, E-Commerce Industry, Banking, Budgets and Budgeting

    8. Sep 18, 2011 |Story| Baltimore Sun

  8. Bank of America upheaval an opportunity for local competitors

    On the day last week that Bank of America announced sweeping cost-cuts, including the elimination of 30,000 jobs, executives at BlueRidge Bank celebrated a milestone for the three-year-old financial company.
    On the day last week that Bank of America announced sweeping cost-cuts, including the elimination of 30,000 jobs, executives at BlueRidge Bank celebrated a milestone for the three-year-old financial company. The Frederick-based community bank opened a...

    Tags: Hunt Valley, Layoffs and Downsizing, Marketing, Unions, Unemployment

    9. Oct 10, 2011 |Story| Baltimore Sun

  9. Credit unions work to attract big-bank customers

    Ken Rose is a Bank of America customer, but he has also done business for years with Destinations Credit Union in Parkville. Now, with the bank's announcement that it will charge many debit-card users a $5 monthly fee, the Edmondson Village resident says he plans to switch all his banking to the credit union.
    Ken Rose is a Bank of America customer, but he has also done business for years with Destinations Credit Union in Parkville. Now, with the bank's announcement that it will charge many debit-card users a $5 monthly fee, the Edmondson Village resident...

    Tags: Marketing, Parkville, Richard Williams, Satellite and Cable Service, Television Industry

    10. Oct 16, 2011 |Story| Baltimore Sun

  10. Q&A: Why bank reforms lead to bank fees

    The first reports of big banks instituting new fees for using debit cards and for certain checking accounts really riled customers. Clifford Rossi, a professor at the Robert H. Smith School of Business at the University of Maryland, is well suited to explain the banks' response to new federal reforms, with experience as an executive at financial institutions as well as a federal banking regulator.
    The first reports of big banks instituting new fees for using debit cards and for certain checking accounts really riled customers. Clifford Rossi, a professor at the Robert H. Smith School of Business at the University of Maryland, is well suited to...

    Tags: Fraud, File Sharing, Civil Laws, University of Maryland, College Park, Wal-Mart Stores, Inc.

    11. Jul 13, 2011 |Story| Baltimore Sun

  11. Banks to no longer sell paper U.S. savings bonds

    Thank cost-cutting for this change to the U.S. savings bond program: Starting next year, you won’t be able to buy paper savings bonds at banks and other financial institutions. Getting rid of this paper work is expected to save taxpayers more than...

    Tags: Debt Market, Credit and Debt, Electronics, Finance, Bonds

    12. Jan 27, 2011 |Story| Baltimore Sun

  12. Baltimore officials hope half-century trend of population decline at end

    Arriving in Baltimore for college in 2004 from her native New York City, Vienna DeGiacomo assumed she would quickly head back north after graduating from Goucher College. But nearly three years after receiving her English degree, DeGiacomo, 24, is...

    Tags: Pigtown, Annapolis, New York City, Teaching and Learning, Labor Markets

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