OMAHA, Neb. - (08/25/04) -- A would-be credit union robbery wasfoiled last week when the not-too-bright thief and his getaway cardriver left behind a rental car receipt telling police where theywould return the car. Police arrested a 26-year-old suspect and hissister at Enterprise Rent-A-Car about an hour after he allegedlyrobbed Telco Triad Community CU when they brought the getaway carback. During the hold-up the thief left behind a slip of paper thatturned out to be a receipt that said the rental car was due back by5:57 pm. The car was rented in the sister's name and she wasdriving. Police staked out the rental shop and arrested the pairwhen they returned the vehicle. A search of the car turned up someof the cash stolen in the robbery and a pellet gun believed usedduring the hold-up.
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JPMorganChase and Bank of America raised concerns about the proposed removal of risk-weighted assets from the denominator of the short-term wholesale funding component of the GSIB surcharge — changes backed by Goldman Sachs and Morgan Stanley.
June 26 -
House Speaker Mike Johnson, R-La., reportedly plans to send the recently passed housing bill to the White House on Monday, starting a 10-day clock for the president to sign the bill.
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The global payments platform, which recently expanded to the U.S., also plans to build new autonomous finance and agentic commerce products.
June 26 -
A new lawsuit seeking class-action status alleges that FirstBank Puerto Rico knowingly facilitated Jeffrey Epstein's sex trafficking operation by failing to enforce basic anti-money-laundering and know-your-customer rules.
June 26 -
Pinnacle Financial Partners' headquarters is moving to a new 25-story office tower in Midtown Atlanta; New Jersey-based Provident Bank appoints Adriano Duarte to succeed Thomas Lyons as chief financial officer; Binance will shut down services for customers in France, Italy, Spain and Poland after the exchange withdrew its MiCA licence application in Greece; and more in this week's banking news roundup.
June 26 -
The bank is part of a trend of financial institutions trying to streamline a complicated industry that paper has dominated for years.
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