SAN ANTONIO, Texas - (12/23/05) Three heavily armed assailantswere captured during a blazing gun battle on Highway 35 Thursdaymorning after the three robbed San Antonio FCU. The three suspectsexchanged shots with pursuing officers during a high-speed chaseoutside the city, which ended with the capture of the three gunmenafter their getaway car rolled over the highway median. TrooperGeorge Correra, Jr., 34, was apparently shot by the suspects whenhe and other officers surrounded the getaway vehicle as the robberstried to flee. One suspect, Michael Hurtado, 23, was shot in theeye by a San Antonio police officer after the chase ended. As manyas 20 vehicles, including 16 police cars, were hit by gunfireduring the high-speed shoot-out, with the windshield blown out ofat least one police cruiser. The three suspects, dressed inmilitary fatigues, brandishing semi-automatic weapons and wearingbullet-proof vests, burst into the credit union's North Side branchearlier Thursday morning and made off with an undisclosed amount ofcash. They initially fled in a white Lincoln Towncar, which wasfound burning nearby. The vehicle they were in during the highwaychase as a pickup truck.
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The Chicago-based, $261 million-asset Metropolitan Capital Bank & Trust was placed in receivership and its assets sold to Detroit-based First Independence Bank, costing the Federal Deposit Insurance Corp.'s Deposit Insurance Fund an estimated $19.7 million.
January 30 -
Court documents reveal how a teller used the drive-through window and work email to aid a scheme that bypassed TD's fraud defenses.
January 30 -
U.S. Bancorp shuffles management as COO Souheil Badran announces his retirement; Stock Yards Bancorp agrees to buy Field & Main Bancorp; Citi's wealth business hires Mercer's Olaolu Aganga for a newly created role; and more in this week's banking news roundup.
January 30 -
Former Fed Gov. Kevin Warsh is a relatively known quantity to financial markets, but his embrace of President Trump's agenda and the White House's own contentious relationship with the central bank make it hard to know with certainty where — or even whether — he will lead the Fed.
January 30 -
The Long Island-based bank returned to profitability during the fourth quarter of 2025. The results mark "a significant milestone" in the bank's turnaround plan, CEO Joseph Otting said.
January 30 -
The neobank was bullish on cryptocurrency and stablecoins, which could provide tailwinds as it looks to launch new products including crypto-based lending, institutional trading, and correspondent payments and settlements via stablecoins.
January 30





