SALT LAKE CITY – Two men were arrested last week and charged with three armed robberies,–two at local credit unions–all three of which a robber fired a single shot into the ceiling to scare onlookers. William Harrison, 40, was arrested at a traffic stop and is accused of taking part in the three heist when around $19,000 was stolen. An alleged accomplice, Willie McNeil, was arrested earlier. The two were charged with the October hold-up at Mountain America CU in Layton, Chase Bank in Midvale in November, and a December heist at Cyprus CU.
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JPMorganChase wants to expand its digital bank offerings to three more European countries, according to a new Financial Times report; M&T Bank Corp. elects Jerry Jacobs Jr. to the board of directors of both its parent and banking subsidiary; Citizens Financial Group names Chris Emerson as head of investor relations; and more in this week's banking news roundup.
2h ago -
Banks that don't embrace embedded payments now risk losing out to more nimble rivals in the near future.
3h ago -
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
6h ago -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18 -
Back-office automation fintech BILL Holdings is using JPMorgan Payments white-label digital wallet to subledger its own clients' accounts. Reconciling client payments for BILL's corporate card, the BILL Divvy Card is the company's first use case.
June 18








