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.
-
The embattled Long Island bank unveiled a turnaround plan that involves selling noncore assets and diversifying its commercial loan book. But first, it will need to sort through credit-related challenges in its large commercial real estate portfolio.
May 1 -
During this week's Federal Open Market Committee meeting, officials voted to lower the cap on the amount of Treasury securities that can roll off the central bank's books each month from $60 billion to $25 billion.
May 1 -
House Republicans held a subcommittee hearing on reforming bank merger M&A, laying the groundwork to counter Biden administration efforts to make it more difficult for mergers to be approved.
May 1 -
Bolstered by healthy first-quarter global card-spending trends, Mastercard is focusing on opportunities outside the U.S., including a unique card-processing arrangement beginning this month in China.
May 1 -
A new policy directive aims to fortify critical infrastructure by enhancing collaboration between U.S. intelligence agencies and systemically important financial entities.
May 1 -
Mark Warren and Thom Tillis have introduced the Secure Artificial Intelligence Act of 2024 to address the unique risks of AI.
May 1