Posted inBusiness News

BDO USA acquires Biegel Waller Tax Advisory

BDO USA, an accounting and advisory firm, announced the expansion of its Wealth Advisory Practice in the Baltimore-Washington market through the addition of 10 partners and professionals from Biegel Waller Investment Advisory Services, of Columbia.  Biegel Waller Investment Advisory Services is a wealth management firm delivering investment strategies to high net worth clients. Founded in […]

Posted inBusiness News

Severn Bank to sponsor Black Bears

The Maryland Black Bears announced that Severn Bank will be the sponsor of the Ticket Center located in the front entrance of the Piney Orchard Ice Arena. The bank will be being strongly integrated into the presence the Black Bears have in their home arena and throughout the Central Maryland Community. The main components of […]

Posted inBusiness News

Sandy Spring to acquire Rembert Pendleton Jackson

Sandy Spring Bancorp, the parent company of Sandy Spring Bank, has reached an agreement to acquire Rembert Pendleton Jackson (RPJ), an investment and financial advisory firm located in Falls Church, Va., with more than $1.3 billion in assets under management (AUM). Upon closing the transaction, the combined AUM under Olney-based Sandy Spring’s wealth management arms […]

Posted inBusiness News

Howard Bank offers stock buy back

Howard Bancorp, the parent company of Howard Bank has received a non-objection letter from the Federal Reserve Bank, of Richmond, Va., to allow the company to repurchase shares of its common stock. Under the repurchase program, management is authorized to repurchase an aggregate amount of up to $7 million of the outstanding shares of the […]

Posted inBusiness News

De novo bank slated for Howard County

NXG Bank could become the first de novo to be founded in Maryland in a decade. The proposed newly chartered bank would be headquartered in Howard County and target small businesses and mortgage lending using financial technology. In addition to its focus on the needs of small and medium-sized businesses, the bank would undertake national […]

Posted inGovernment

Howard announces $200M bond sale at lowered rate

A total of $200,230,000 of Consolidated Public Improvement, Metropolitan District and refunding bonds were priced and have been sold by Howard via a competitive bidding process. The bonds are highly valued in the marketplace, in large part due to Howard County’s AAA credit rating, which was affirmed by all three bond rating agencies last month. […]

Posted inFinance

Bureau of Engraving & Printing may come here

The U.S. Bureau of Engraving & Printing (BEP) is evaluating a 100-acre parcel on the U.S. Department of Agriculture’s Beltsville Agricultural Research Center, in Beltsville, as the potential location for a new production facility that would print U.S. paper currency and other federal security products. BEP is partnering with the USDA and the U.S. Army […]