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Banking

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

Top Banking Articles see all

Displaying items 1-5
  • 1st Mariner buyers see value in local brand

    1st Mariner buyers see value in local brand
    The founder of 1st Mariner launched the Baltimore bank as an alternative to big, faceless, out-of-state institutions at a time when banks based elsewhere had rapidly gobbled up 30 percent of the Maryland market.
  • Baltimore dock union facing takeover amid contract talks

    Baltimore dock union facing takeover amid contract talks
    After an investigation that revealed missing money and questionable financial practices, officials of a national longshoremen's union are considering seizing control of a Baltimore chapter — a move that could complicate contract negotiations at...

    Group with local ties wins battle to buy 1st Mariner

    Group with local ties wins battle to buy 1st Mariner
    In a surprising reversal, last week's losing bidder for 1st Mariner Bank got approval Tuesday to buy it — preserving the city's largest independent bank as a Baltimore-based institution. The group of investors, a mix of locals and out-of-state...

    Bidders battle over 1st Mariner Bank

    Bidders battle over 1st Mariner Bank
    An all-out battle over Baltimore's last major independent bank broke out Monday in federal bankruptcy court, leaving a judge to decide — potentially later this week — whether the institution is sold to an investment group with local ties or to...

    Baltimore's titans of banking have fallen to out-of-state competitors

    Baltimore's titans of banking have fallen to out-of-state competitors
    In recent years, Maryland has seen many local banks acquired by out-of-state rivals. A little over a decade ago, the state had 139 banks based here, with 20 of them separately chartered affiliates of Mercantile-Safe Deposit & Trust Co., according to the...