| Jul 5, 2014
| 10:35 AM
Legg Mason plans to close a deal this month to restructure $650 million in debt, a move designed to lock in favorable interest rates for the long term while taking advantage of the market's sustained appetite for corporate bonds.
The money raised from...
| Jun 17, 2014
| 3:33 PM
Maryland will receive $33 million from a nearly $1 billion joint state-federal settlement reached with SunTrust Mortgage Inc. over past problems with its mortgage servicing and foreclosure procedures, the Maryland Attorney General's office announced...
| Mar 25, 2014
| 7:35 AM
Students in the Academy of Finance at Howard County's Applications and Research Laboratory now have the entire financial world before them.
The academy unveiled a new data center at the Ellicott City school Friday — one that includes a New York...
| Apr 24, 2014
| 3:33 PM
Baltimore money manager T. Rowe Price said Thursday that net income rose nearly 26 percent in the first three months of the year, compared with a year earlier, and customers added money to portfolios rather than taking cash out — reversing an...
| Mar 5, 2014
| 2:38 PM
A former Towson-based financial advisor for Signator Investors Inc. was found liable, along with the firm, for losses of elderly clients' retirement funds, according to a decision Tuesday by arbitrators for a securities industry regulator.
| Jan 14, 2014
| 4:42 PM
The Dolan Co., owner of The Daily Record in Baltimore, has signaled financial distress by hiring a restructuring officer, deciding against paying a dividend and disclosing that it received a warning from the New York Stock Exchange over its low stock...
| Oct 9, 2013
| 5:05 PM
The latest out of the extreme conservative wing of the Republican party is that a failure of the U.S. government to take the steps necessary to pay all its bills on time would be no biggie. They say we could juggle things around and avoid missing any...
| Oct 10, 2013
| 9:40 AM
The United States is currently in the midst of a leverage crisis, only it is a crisis that stems from political institutions rather than economic ones. The political leverage crisis concerns Congress, the White House and the Supreme Court, and it is...
| Oct 13, 2013
After plunging early in the week over fears that the United States might default on its debts, stocks rallied Thursday and Friday after House Republicans showed a willingness to temporarily extend the debt ceiling for six weeks.
Investors clearly were...
| Oct 27, 2013
Brown Advisory in Fells Point turned 20 this year. The firm now manages about $42 billion in assets and recently expanded its business in the United Kingdom.
CEO Michael Hankin reflected on the firm's founding and its growth, as well as his efforts to...
| Jul 1, 2013
| 8:55 AM
On a sun-splashed afternoon that marked the second day of summer, I joined a diverse throng of men, women and children, all waiting to board the Staten Island Ferry — a hulking orange vessel that provides free commuter service between Manhattan...
| May 21, 2013
| 12:43 PM
Once again, the Harford County government, like many county and municipal governments around the state and nation, has perpetuated the practice of running a taxpayer-subsidized business banking system.
Most recently, the Harford County Council...