| Jul 10, 2013
Loyola University of Maryland Sellinger School of Business and Management graduate Matthew Marzicola, formerly of Bel Air, and now living in Frederick, didn't plan to achieve a 4.0 grade point average, the highest in his class of more than 800 people,...
| Jul 16, 2012
| 2:32 PM
A report that theU.S. Department of Justicehas opened criminal investigations into allegations that Wall Street's biggest banks conspired to rig interest rates tied to trillions of dollars in investments should hearten Baltimore City officials who have...
| Sep 22, 2012
Since Baltimore City Hall contended in a federal lawsuit last year that a group of international banks conspired to keep a key interest rate benchmark low, more municipalities and private companies have started to investigate potential losses because of...
| Dec 5, 2012
| 9:55 AM
Citigroup announced this morning it would lay off 11,000 employees — about 4 percent of its workforce — to save money.
A Citi spokesman said the layoffs are expected to have little impact in Maryland, where the company employs 3,600 workers....
| Jun 29, 2013
| 1:20 PM
The Legg Mason Capital Management Value Trust fund is doing something not seen in years: It's beating the stock market.
Under new manager Sam Peters, the fund is up 27.8 percent in the past 12 months, compared with 20.6 percent for the S&P 500 index....
| May 22, 2013
| 7:18 AM
Marylanders received more than $1.3 billion in relief from the National Mortgage Settlement during a 12-month period, Attorney General Douglas F. Gansler announced Tuesday.
That assistance went to nearly 17,000 mortgage borrowers between March 1, 2012...
| Jun 18, 2013
| 3:00 AM
In principle, the National Security Agency's vast data collection operation is troubling, but in the age of Google and Facebook, it feels like having just one more Big Brother in a growing family of Big Brothers.
In response to the revelation that the...
| Jun 5, 2013
| 10:33 AM
Checks totaling more than $15 million will be sent beginning next week to more than 10,000 Maryland mortgage borrowers, Attorney General Douglas F. Gansler announced Wednesday.
The checks, roughly $1,480 each, will be sent between June 10 and June 17 to...
| Nov 26, 2012
| 4:43 PM
Citigroup Global Markets Realty Corp. has filed a foreclosure case against the development group that was planning to revitalize the waterfront in Baltimore's Westport community.
Companies affiliated with developer Patrick Turner borrowed $30 million...
| Nov 27, 2012
| 5:46 PM
News that Citigroup is foreclosing on developer Patrick Turner's Westport Waterfront property did not alarm Keisha Allen, the leader of the Westport Neighborhood Association.
"To the average person, it looks like everything in Westport is tied up with...
| Mar 3, 2013
A businessman and competitive sailor, Frank Savage has benefited from following seas and been battered on rocky shoals.
Born in North Carolina and raised by a single mother in segregated Washington, Savage rose to prominence in the world of...
| Mar 5, 2013
| 1:36 PM
Legg Mason Inc. might eliminate some of its less popular investment funds and some of its 32 offices as it continues to look at ways to operate more efficiently, the chief financial officer of the Baltimore-based money manager said Tuesday.