WHITTIER, Calif. - (04/06/05) -- Three handgun-wielding bandits heldup Whittier Municipal Employees CU soon after opening Mondaymorning and made off with $100,000. Police are working to determinewhether the robbery was linked to any recent bank or credit unionrobberies in the area. The three robbers, all wearing masks,entered the credit union and ordered employees and members to theground before escaping with the cash.
The Royal Bank of Canada's base outlook is that tariffs will remain at their current levels. But it also sees a possibility that U.S. trade policy will bring on a severe North American recession.
The Brazilian neobank attributed a Q4 boost in its credit portfolio to its AI-powered underwriting tool, but expenses caused it to miss Wall Street estimates.
Acquiring the $386 million-asset Pacific West Bancorp extends a strengthening bull market for bank M&A.
After completing a migration to its proprietary tech stack, Chime is setting its sights on GAAP profitability in 2026 following a strong fourth quarter.
The Toronto-based bank reported higher revenue across the entire company, including in the U.S., and kept expenses in line with its previous projections.
Senate Majority Leader John Thune, R-S.D., moved to consider the housing package next week, but it's not clear what version of the bill senators will be voting on as the House, Senate and White House are still negotiating priorities.
