| Jan 6, 2014
| 9:48 AM
Severn Bancorp Inc. announced it lost about $4 million on the recent sale of $15 million of underperforming loans as it continues to clean up its balance sheet.
The loss will apear as a pre-tax charge in the fourth quarter earnings for the parent of...
| Jan 13, 2014
| 7:33 AM
The Colonel's Group of Coldwell Banker Residential Brokerage recently added three new members to its team.
"With the addition of these three fine ladies and their diverse backgrounds and experiences, we will take The Colonel's Group to the next level for...
| Jan 14, 2014
| 11:49 AM
A large shareholder that is pushing Hampstead-based Jos. A. Bank Clothiers Inc. to negotiate with suitor Men's Wearhouse plans to nominate two company directors at Bank's annual shareholder meeting.
Eminence Capital LLC, a New York hedge fund that...
| Jan 28, 2014
| 11:13 AM
Outgoing Federal Reserve Chairman Ben Bernanke, 60, probably won't win many popularity contests. He's frequently been vilified by the political left for doing too little and by the right for doing too much. Most Americans probably have no idea what he...
| Oct 23, 2013
| 5:18 PM
MVB Financial Corp., a bank holding company based in Fairmont, W.Va., announced an agreement Wednesday to acquire the assets of CFG Community Bank for $30 million.
Based in Baltimore, CFG has offices in Fells Point, Lutherville and Annapolis, which will...
| Dec 24, 2013
| 11:59 AM
A historic waterfront property sitting on nine acres, high on a bluff with a panoramic view of Annapolis, along with a circa 1840 manor home and farmhouse, are packaged in one bundle known as Severn Side Farm, listed at $5.3 million.
For the buyer...
| Oct 23, 2013
| 5:29 PM
Bank of America said it is changing the type of work its Hunt Valley employees do given the decline in refinancings as interests rates have risen.
Employees were told Wednesday that they would switch from home loan fulfillment to credit cards and...
| Oct 24, 2013
| 12:02 PM
Edward Feete was buried this past week.
His was a simple service at a Falls Road funeral home, attended by dozens of his friends and remaining family. Eddie was 68, still youngish by today's standards for a long life. But Eddie was a big guy — a...
| Dec 16, 2013
| 7:39 PM
A subsidiary of banking giant JPMorgan Chase & Co. will invest $67 million in Baltimore's Harbor Point development for a 90 percent stake in the 23-story skyscraper that is the planned regional headquarters of energy firm Exelon Corp., city officials...
| Oct 25, 2013
| 8:33 PM
When Osiris Therapeutics disclosed an agreement last week resolving concerns from federal regulators, the Columbia biotech firm pitched it as a win.
The deal doesn't require changes to its marketing of Grafix bandages, Osiris said, and also gives it...
| Oct 18, 2013
| 2:45 PM
A former state Social Services supervisor was sentenced to nearly three years in prison Friday after he admitted using the personal information of nearly 90 bank account holders in a scheme to steal more than $500,000.
Michael Bowman, 61 of Baltimore,...
| Dec 4, 2013
| 7:30 AM
In his recent commentary, E.J. Fagan totally misrepresents our work on securing the privacy of Bitcoin transactions ("Bitcoin and international crime," Nov. 26).
Our interest in developing Zerocoin is to remedy a weakness in the Bitcoin technology...