WAUKESHA, Wis. - (04/20/05) -- A 29-year-old man convicted with hisfather a decade ago of a crime spree that included the murder of apolice captain, a kidnapping and two credit union robberies wassaid to be delusional and not fit to participate in his retrial, bya court psychologist assigned to examine him. But prosecutors saidthey believe Ted Oswald is putting on an act and they plan toproceed with their attempt to have the convicted cop-killer triedand sent back to prison, where he has languished since 1995. IfOswald is found mentally incompetent he would be committed to apsychiatric institute for treatment until he is considered mentallyfit for court proceedings. Oswald, then 19, and his father JamesOswald, were convicted of murder in the shooting of Waukesha PoliceCapt. James Lutz after the two robbed a Bank One branch in April1994. The Oswalds also robbed Medical Systems CU, in Waukesha, andLandmark CU, in Brookfield, in December 1993. A federal courtoverturned Ted Oswald's conviction in 2003 because of a finding ofjuror bias. Since then, the younger Oswald has pleaded not guiltyto his involvement in the decade-old crime spree by reason ofinsanity. The father is also appealing his conviction.
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Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
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Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18 -
Back-office automation fintech BILL Holdings is using JPMorgan Payments white-label digital wallet to subledger its own clients' accounts. Reconciling client payments for BILL's corporate card, the BILL Divvy Card is the company's first use case.
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Like the Olympics, the event is used to push and measure engagement and appetite for emerging checkout options.
June 18 -
The Treasury's Financial Crimes Enforcement Network and federal banking and credit union agencies limited issuers' know-your-customer obligations to direct-to-consumer services, preliminarily rejecting a "global" customer due diligence requirement they say is unfeasible.
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