TACOMA, Wash. - (07/05/06) A California gang member agreedto a 19-years prison term Monday after pleading guilty to robbingthe Spanaway branch of Americas CUtwice in sevenmonths. Mitchell Friend, 27, and an accomplice made off with$36,000 during an armed robbery July 14, 2004; then he stole$82,000 from the same branch when he hit it again with a differentaccomplice, on Feb. 24, 2005. Friends accomplice in thefirst robbery, identified as Troy Thurman, has been arrested and isscheduled to stand trial on September 18. Friend and Thurman aremembers of a Los Angeles gang, police said. The accomplice in thesecond robbery was a 13-year-old boy who was notidentified.
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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










