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.
-
Lake Shore Bancorp in Western New York has reached a "standstill agreement" with the Stilwell Group, which has promised not to force a merger or sale in the next three years.
March 20 -
Swiss banking giant UBS Group received federal approval from the Office of the Comptroller of the Currency to convert its $1.6 trillion-asset UBS Bank USA from a Utah-chartered industrial bank to a national charter.
March 20 -
Early industry reaction to the Federal Reserve's Basel III proposals points to potential capital relief for banks, though stakeholders say the complexity of the changes makes their overall impact unclear.
March 20 -
Financial institutions that delay or fail to take this leap risk losing customers and revenue, said speakers at the inaugural On-Chain Executive Summit.
March 20 -
CISA and Microsoft urge organizations to secure endpoint management systems as threat actors increasingly seek to disrupt operations with wiper malware.
March 20 -
Piermont Bank hired Dennis Day for a new executive role focused on payments; the American Bankers Association announced the global expansion of its widely used Fraud Contact Directory; MC Bankshares moved one step closer to finalizing its sale to an investor group; and more in this week's banking news roundup.
March 20











