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NEWS
By Kris Antonelli and Kris Antonelli,SUN STAFF | March 8, 2000
An Owings Mills man has been charged with attempted felony theft after claiming to bank officials that he was a Ravens football player so he could get a $7,500 loan, Howard County police said. Damion L. Harrington, 26, of the 4300 block of Flinthill Drive was arrested Friday at Norwest Financial Center in the 9100 block of Baltimore National Pike in Ellicott City, police said. He was also charged Friday with forgery and identity theft. According to charging documents, a man walked into the bank Feb. 28 and told a loan officer that he was Herman Jay Graham, a Baltimore Ravens running back.
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BUSINESS
By Lorraine Mirabella, The Baltimore Sun | April 10, 2014
NBRS Financial Bank, an independent community bank serving Cecil and Harford counties, has been given 60 days to sell itself or combine with another bank and increase equity by selling shares, federal regulators said. The bank was found to have been undercapitalized as of Oct. 28 but has not filed a required plan to shore up its operations, according to a directive issued Monday by the Federal Reserve System's board of governors. NBRS, founded in 1873 and originally chartered as The Evans and Wood Bank, now has six branches and $199.3 million in deposits.
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NEWS
By From Staff Reports | June 7, 1994
First National Bank's branch in Greenmount is to be replaced by a drive-up automated teller machine by the end of the summer, bank officials confirmed yesterday.The Hanover Pike office, which is scheduled to close Sept. 2, will be consolidated with the Hampstead branch, said Peter Floeckher, regional vice president for First National's northern region."Banks are opening more and more as retail outlets, selling financial products," he said. "We want to grow in new areas of the county, but before we put up new stores, we have to see where we can consolidate."
NEWS
By Frederick N. Rasmussen, The Baltimore Sun | August 16, 2013
Victor "Vic" Turyn, a retired Federal Bureau of Investigation and Federal Reserve Bank of Richmond official who had been an outstanding quarterback at College Park in the late 1940s, died Aug. 11 of heart failure at his Ellicott City home. He was 91. Victor Turyn was born in McRoberts, Tenn., to immigrant parents. His father, Jan Poltorovski was from Poland, and his mother, Anna Zablocki Poltorovski, was from Russia. "None of the family members know why immigration officials changed Jan's name to John Turyn, but they believe this was the way many immigrants in the 1900s received their Americanized names," said a daughter, Kathleen "Kathy" Stempkovski of Elkridge.
BUSINESS
By Kevin L. McQuaid and Kevin L. McQuaid,Sun Staff Writer | December 22, 1994
The Farm Credit Bank of Baltimore is preparing to sell its Baltimore County headquarters as part of a planned merger with a sister institution in South Carolina.The bank's three-story building and surrounding 120 acres is notable because it represents one of the largest existing office properties to come on the market in the past five years.Real estate analysts expect the state's largest agricultural lender will receive at least $12 million for the Sparks headquarters building and adjacent land, based on recent comparable sales.
NEWS
By Joan Jacobson and Joan Jacobson,SUN STAFF | April 3, 2001
Until last week, the defenders of the 74-year-old Randallstown Community Building were worried it might be demolished - even with its new historical landmark status. But the building's owner, Bank of America, has promised to help find a buyer who will preserve the stone building at Liberty and Offutt roads. Leaders of Fieldstone Community Group met last week with bank officials after hearing that the bank might sell the building to someone willing to pay the county's $100,000 fine for razing a landmark, said Susan Carr-Spiccioli, the group's historian.
NEWS
By Will Englund and Will Englund,Moscow Bureau of The Sun | December 3, 1994
MOSCOW -- The men in camouflage fatigues and ski masks, armed with powerful automatic rifles and grenade launchers, were clearly on serious business -- but the frantic management of Moscow's most powerful and politically well-connected bank spent all of yesterday trying to figure out who they were and what they wanted.They followed Vladimir Gusinsky, president of Most Bank, from his home to his office yesterday morning. They spent the daylight hours in parked cars, across the street from bank headquarters, at the front of the Russian White House.
BUSINESS
By William Patalon III and William Patalon III,SUN STAFF | October 5, 2002
Deutsche Bank AG is shifting two high-profile units from Baltimore to New York, as the company pushes forward on initiatives to boost competitiveness and streamline operations, bank officials confirmed yesterday. The German bank - parent to the former Alex. Brown & Sons of Baltimore - is also continuing to add local employees. "There is no underlying plan ... to exit this town," said David M. DiPietro, a Deutsche Bank vice chairman who heads the locally based Deutsche Bank Alex. Brown Private Client Division.
BUSINESS
By Shanon D. Murray and Shanon D. Murray,SUN STAFF | July 21, 1999
First Mariner Bancorp, the Baltimore parent of First Mariner Bank, reported yesterday a nearly 60 percent increase in second-quarter net income and assets.First Mariner said it earned $241,619, or 8 cents a share, for the quarter that ended June 30, up from $153,595, or 5 cents a share, for the same period last year. Assets increased to $563.1 million from $353.0 million.The banking company also said its board of directors declared a cash dividend of 2 cents a common share payable Aug. 31 to shareholders of record on Aug. 17."
NEWS
By New York Times News Service | April 29, 2007
WASHINGTON -- Arriving as president of the World Bank in the summer of 2005, Paul D. Wolfowitz told colleagues that he was eager to tackle poverty in Africa and corruption in aid. But almost immediately he became consumed by frustrating negotiations with bank officials over the status of his companion, an employee at the bank, documents released this month show. Now these documents are at the center of the World Bank's inquiry into his conduct and Wolfowitz's defense, both of which will be presented at the World Bank's board of directors tomorrow.
NEWS
By Frederick N. Rasmussen, The Baltimore Sun and Baltimore Sun reporter | January 23, 2011
Lucy B. Henson, a retired Carroll County Bank and Trust Co. official who earlier had worked for Maryland National Bank, died Jan. 17 of myelodysplastic anemia at her Timonium home. She was 84. Lusitania Benedetto, daughter of Italian immigrant tailors, was born and raised in Wilmington, Del. After graduating from Wilmington High School in 1944, she began her college studies at George Washington University. Deciding she wanted to become a teacher, she transferred to Wilson Teachers College, now the University of the District of Columbia, where she earned her bachelor's degree in 1950.
NEWS
By Frederick N. Rasmussen, The Baltimore Sun | April 23, 2010
Robert Lee Taylor, a retired Maryland National Bank official and freelance writer, died April 18 of pneumonia at his Timonium residence. He was 91. Mr. Taylor, the son of a Baltimore & Ohio Railroad worker and a homemaker, was born in Baltimore and raised in Hamilton. After graduating in 1936 from Loyola High School, he attended Strayer Business College. In 1942, Mr. Taylor enlisted in the Army Air Forces, where he served in the intelligence section of the 2 n d Air Division at Shipdham Air Force Base in England.
NEWS
November 22, 2009
The economic downturn that has caused millions of Americans to lose their jobs, homes and sense of financial well-being has also produced a drastic increase in the number of people who go to bed hungry at night. The U.S. Department of Agriculture reported last week that nearly 50 million Americans - including almost a quarter of the nation's children - lacked consistent access to enough to eat in 2008. That was the highest figure recorded since the department began keeping such statistics in 1995.
BUSINESS
By Stephanie Desmon and Arin Gencer and Stephanie Desmon and Arin Gencer,stephanie.desmon@baltsun.com and arin.gencer@baltsun.com | December 20, 2008
When Jan Darrah chose a place to do her banking about 10 years ago, she picked Provident Bank because it was small and was based right here in town. "I like to do my business locally as much as possible," the Butchers Hill art teacher said, "because I like to give my money to local business people." Yesterday, however, she learned that her bank is no longer as small or as local, after Buffalo, N.Y.-based M&T Bank Corp. agreed to purchase Provident Bankshares Corp., the largest remaining Baltimore-based banking company, in a deal worth $401 million.
NEWS
By Paul Adams and Paul Adams,Sun reporter | July 17, 2008
Eastern Savings Bank of Hunt Valley sought to calm nervous depositors yesterday after an erroneous television news report said the bank could close amid financial troubles. Though later corrected, the mistake sparked dozens of calls to the bank and illustrated how anxious consumers feel about financial institutions after a week in which one major bank failed and federal regulators stepped in to rescue mortgage giants Fannie Mae and Freddie Mac. Baltimore ABC News affiliate WMAR-TV aired the report about Eastern during its noon newscast.
NEWS
By New York Times News Service | May 8, 2007
WASHINGTON -- Leading governments of Europe, mounting a new campaign to push Paul D. Wolfowitz from his job as World Bank president, signaled yesterday that they were willing to let the United States choose the bank's next chief, but only if Wolfowitz stepped down soon, European officials said. European officials have indicated they want to end the tradition of the U.S. picking the World Bank leader. But now the officials are hoping to enlist American help in persuading Wolfowitz to resign voluntarily, rather than be rebuked or ousted.
NEWS
By TaNoah Morgan and TaNoah Morgan,SUN STAFF | January 8, 1997
A man who claimed to have a bomb in an orange and white cooler robbed the Brooklyn Park branch of First Union Bank yesterday of an undisclosed amount of money, county police said.The cooler was empty.The bank robbery was the fourth in Anne Arundel in a week. County police and FBI agents said they didn't think it was related to the others.The man walked into the bank branch in the 5400 block of Ritchie Highway just before 11 a.m. with the medium-sized cooler, told an employee it contained a bomb and demanded money, police said.
NEWS
By Jeff Gerth and Jeff Gerth,New York Times News Service | July 13, 1991
WASHINGTON -- The Bank of Credit and Commerc International, which was seized last week by international regulators, was used for Central Intelligence Agency operations, according to U.S. government and bank documents as well as current and former government and bank officials.The bank was also involved in secret arms deals, including the covert sale of American arms to Iran in 1986, according to the documents and the officials.Before its collapse, the banking company used its Luxembourg license to offer private financial services to individuals and, at its peak, operated in more than 70 countries, many of whose governments were customers of the bank.
NEWS
By New York Times News Service | April 29, 2007
WASHINGTON -- Arriving as president of the World Bank in the summer of 2005, Paul D. Wolfowitz told colleagues that he was eager to tackle poverty in Africa and corruption in aid. But almost immediately he became consumed by frustrating negotiations with bank officials over the status of his companion, an employee at the bank, documents released this month show. Now these documents are at the center of the World Bank's inquiry into his conduct and Wolfowitz's defense, both of which will be presented at the World Bank's board of directors tomorrow.
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