KISSIMMEE, Fla. - (07/20/05) -- An armored-truck guard was arrestedand charged Tuesday with staging a fake robbery of $250,000 cash ashe was making a delivery to Central Florida Educators' FCU Monday.The guard, identified as Luis Ramos, 44, hit himself in the head,then told police an unidentified assailant had ambushed him when hearrived at the credit union, and stole the cash. Police later foundthe cash in Ramos' car, after the guard confessed to therobbery.
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The Federal Open Market Committee's decision to reduce interest rates for the first time in nine months lifted bank stocks Wednesday. The 25-basis-point reduction could lead to net interest income headwinds now, but loan growth later, analysts said.
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Community Financial in Syracuse has made its biggest investment ever in an outside company, taking a $37.4 million equity stake in an insurance provider that focuses on the rental housing market.
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St. Cloud Financial Credit Union will be issuing its own stablecoin at the end of this year, becoming one of the first U.S. credit unions to do so.
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State regulator says blockchain tools are key to detecting money laundering and sanctions violations.
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The Bank of England may cap ownership, drawing ire from crypto groups that claim that will hinder innovation.
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