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.
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Governor Gavin Newsom announced the swearing in of Rohit Chopra as secretary of the California Business and Consumer Services Agency, Amalgamated Bank of Chicago promoted Cherie Duve to executive vice president and chief legal officer, Ramon M. Rodriguez joins USCB Financial Holdings and U.S. Century Bank as an independent director, and more in this week's banking news roundup.
July 3 -
The Open Standard consortium understands what makes a stablecoin valuable isn't how digital it is, but how ubiquitous it is
July 3 -
Low daily, weekly and monthly Zelle limits can cause users to switch to other payment networks, raising the ante for banks to find solutions.
July 3 -
A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Sen. Elizabeth Warren, D-Mass., is asking President Trump's son Eric if he plans to refile a lawsuit against Capital One Financial for allegedly "debanking" hundreds of Trump Organization accounts. The letter follows President Trump's nomination of a Capital One executive to lead the Consumer Financial Protection Bureau.
July 2 -
The fintech sponsor bank plans to offer digital asset services.
July 2










