KANSAS CITY - (08/09/05) -- Jurors who convicted a man in themurder of a federal witness to a credit union robbery couldn'tagree on a sentence last week, so the judge sent him to prisonwithout parole. Prosecutors had requested the death penalty forXavier Lightfoot, who lived with the witness, who was cooperatingwith investigators in the 1997 armed robbery at Educators FCU inOmaha and two jewelry stores. Lightfoot and an accomplice,Cornelius Peoples, were convicted in the 1998 murder of John W.Hogsett, who lived life as a woman named Jovan Ross. It was thesecond trial in the case for Lightfoot, who was convicted in 1999but his verdict overturned on appeal. Three other accomplices havebeen convicted in the case, including Carl Haskell, who wassentenced to life in prison for killing Hogsett.
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The Wisconsin banking company forecasted loan growth of 4% to 6% for the full year, driven by an expansion into new commercial and consumer credit lines as well as enduring economic strength in the Midwest.
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In the inaugural iteration of American Banker's news quiz, test your knowledge on top articles covering the legal battles of the Consumer Financial Protection Bureau, new technology testing at JPMorgan Chase, earnings season and more.
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To build their executive presence in meetings and on video calls, junior employees should embrace flexible schedules — and possibly media training, Michelle Young of Worldpay and Anna Greenwald of MoneyGram International said at American Banker's Payments Forum.
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Liberty Bank in Salt Lake City had been "structurally unprofitable" since 2008, according to its regulators. Experts criticized the FDIC for allowing the bank's demise to play out in slow motion.
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The New York-based bank says it will push its concentration of commercial real estate loans below 400% of risk-based capital over the next two years and focus more on C&I.
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The San Francisco-based firm's Anchorage Digital Trusted Liquidity and Settlement network, better known as Atlas, will allow clients to settle a range of cryptocurrency transactions.
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