BARTOW, Fla. - (02/21/05) -- The Florida attorney general'soffice said Friday that deputies were justified in shooting asuspect in the Jan. 24 armed robbery at Florida Teachers FCU, thetown's first bank robbery in over 135 years. Wesley Caruthers, 38,was shot later that night as he held a women hostage at a nearbymotel. Authorities suspected Caruthers, who was on probation fromjail for robbing banks in Florida, Texas, Louisiana andMississippi, in the credit union hold-up. After reviewing theshooting, the attorney general's office determined deputies werejustified in using force under Florida statutes because they hadreason to think Caruthers was a dangerous felon, and they wereattempting to arrest him. Caruthers refused to leave his hotel roomor let his female hostage go, they noted. Though Caruthers wasunarmed at the time, deputies had reason to believe he could bearmed, especially because during that afternoon's robbery heimplied he had a gun.
-
While banks will likely increase near-term dividend plans, analysts and investors are more focused on the long-term outlook for capital requirements from regulators.
1h ago -
The Missouri bank surveyed consumers about what kind of financial management tools they use, then built its My Finance360 tool in response.
3h ago -
GodFather malware mimics and manipulates real financial apps on Android devices, exposing sensitive data without user suspicion.
5h ago -
As banks consider their strategies, other big names are also considering a role for digital assets.
6h ago -
The Financial Technology Association — which had been granted the right to defend the Consumer Financial Protection Bureau's open banking rule after the bureau declined to defend it — filed a motion Sunday to preserve the rule.
7h ago -
Kevin Fromer, who has headed the Financial Services Forum since 2017, announced his departure Monday. Fromer transformed the Financial Services Forum to advance the interests of the largest U.S. banks.
8h ago