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Business Institutions

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

Top Business Institutions Articles

Displaying items 13-24
  • BGE customers unhappy with website upgrade

    BGE customers unhappy with website upgrade
    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...
  • Bank of America upheaval an opportunity for local competitors

    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. The Frederick-based community bank opened a...
  • Credit unions work to attract big-bank customers

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

    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...
  • 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...
  • 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...
  • Wells Fargo agrees to pay $175M settlement in pricing discrimination suit

    Wells Fargo agrees to pay $175M settlement in pricing discrimination suit
    About 1,000 Baltimore-area residents are expected to receive thousands of dollars each under a landmark $175 million settlement between the U.S. Department of Justice and Wells Fargo over accusations of discriminatory lending practices. Under the terms...
  • Report: Let private student loans be discharged in bankruptcy

    Report: Let private student loans be discharged in bankruptcy
    Borrowers overwhelmed by private student loan debt often discover an ugly truth too late — these loans can't be discharged in bankruptcy like other types of consumer loans. A new report on private student loans by the Consumer Financial...
  • Building Baltimore's next economy

    Building Baltimore's next economy
    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...
  • Banks and credit unions to offer cash prizes under new law

    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? We'll find out. A new law that kicks in next month will allow banks...
  • 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...
  • MasterCard and Visa warn of breach that could compromise millions of card numbers

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