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Fed holds rates steady; three policymakers dissent in favor of hike
The Federal Reserve held interest rates steady, drawing dissents from three members of the policy-setting Federal Open Market Committee.
Mega-deals fuel record M&A as boards dream big on takeovers
A surge in $10-billion-plus "mega-deals" drove global M&A to record levels in the first half of 2026, LSEG data shows.
Bank regulators ramp up scrutiny of AI use at financial companies
Banking regulators are stepping up scrutiny of how lenders deploy artificial intelligence, pressing firms on everything from data access to risks posed by third-party vendors.
Former MD congressman’s Forbright valued at $870M after shares fall in debut
Forbright, the Maryland-based bank founded by former U.S. Rep. John Delaney, was valued at $870 million after its shares fell in their Nasdaq debut.
CFG Bank commits $500K to Novella Center through partnership
The Novella Center for Entrepreneurship announced a four-year, $500,000 partnership with CFG Bank to support its accelerator programs.
Alsobrooks helps Senate committee advance crypto bill in milestone for digital assets
The Republican-led Senate Banking Committee advanced long-awaited legislation that would create regulations for cryptocurrencies.
APGFCU hosts ribbon-cutting for 3rd Baltimore County branch
APG Federal Credit Union held a ribbon-cutting ceremony to celebrate the opening of its newest branch in Cockeysville.
Supreme Court rebuffs challenge to bank collusion suit brought by Baltimore, cities
The U.S. Supreme Court declined to hear a bid by Bank of America and seven other major financial institutions to prevent cities from banding together in a $12 billion class action.
Commercial lending by credit unions: What MD businesses should know
Credit unions in Maryland increased commercial lending to $6.2 billion in fiscal year 2025, supporting small businesses despite rising risk concerns.
Credit unions partner with fintech to compete with big banks
Credit unions leverage fintech partnerships to enhance digital services and stay competitive with larger banks.
APG Federal Credit Union to open first Baltimore location
APG Federal Credit Union will open its first Baltimore City branch in Canton, expanding financial services and community outreach in central Maryland.
Citizens Financial Group acquires investment bank with MD office
Citizens Financial Group Inc. struck an agreement to acquire Matrix Capital Markets Group Inc., an investment bank with a Baltimore office.
