First Mariner Bancorp Archives

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Venable Represents First Mariner in Acquisition

Venable announced it represented the acquiring bank in its acquisition of 1st Mariner Bank from its holding company, First Mariner Bancorp, in a transaction resulting in a nearly $100 million recapitalization of 1st Mariner Bank.

WSJ: DOJ Rep Questions Use of Chapter 11 by Suffering Banks

The Wall Street Journal reported that a bankruptcy representative from the U.S. Department of Justice questioned the use of Chapter 11 to further sales of suffering banks.

May 13, 2014 First Mariner Bancorp | Sandler O'Neill + Partners | US Department of Justice ABF Journal

First Mariner Bancorp to Provide $100MM for its Subsidiary

First Mariner Bancorp announced it will sell its wholly owned subsidiary, 1st Mariner Bank, to a new bank formed by investors. The sale will recapitalize the bank with approximately $100 million.

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Tag Archives: First Mariner Bancorp

Venable Represents First Mariner in Acquisition

WSJ: DOJ Rep Questions Use of Chapter 11 by Suffering Banks

First Mariner Bancorp to Provide $100MM for its Subsidiary