ALBUQUERQUE, N.M. – Authorities are hunting for a dangerous man who has threatened to harm tellers as he has held up four institutions, including three credit unions, over the past six weeks. The robber--dubbed ‘Smash Nose Bandit,’ because of his flat nose that resembles a fighter’s–is believed to have hit the Southwest FCU branch twice and New Mexico Educators FCU. His is also believed responsible for the armed robbery at Wells Fargo last Saturday. Police caution anyone encountering the robber, saying he threatened to cut one of the teller’s throat during a hold-up.
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Research shows artificial-intelligence programs bolster bad decisions and reduce diversity of thought, posing risks to banks' culture and governance.
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RIAs that custody less than $100 million with Fidelity have several options to choose from before being forced out of the firm next year. None of them is necessarily easy.
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Federal Deposit Insurance Corp. Chair Travis Hill said Tuesday that regulatory changes to bank supervision and M&A rules are meant to improve safety and soundness rather than water down oversight.
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