KANSAS CITY - (10/03/05) -- A 42-year-old Kansas City man wassentenced to prison for life last week for ordering the murder of afederal witness to a credit union robbery. Xavier Lightfoot wasconvicted in August of ordering from prison the June 8, 1998 murderof John Wayne Hogsett, his former roommate who was cooperating withinvestigators in the 1997 armed robbery at Educators FCU in Omaha,and two jewelry stores. It was the second trial in the case forLightfoot, who had his 1999 conviction overturned on appeal.Evidence at the recent trial included testimony from CorneliusPeoples, an accomplice in the robberies, who hired the hit men tokill Hogsett. Three other accomplices have been convicted in thecase, including Carl Haskell, who was sentenced to life in prisonfor killing Hogsett.
-
In line with broader trends, the GSEs have been putting new limitations on forbearance and putting more of an emphasis on mods.
July 31 -
A new survey found artificial intelligence was a top compliance-related priority for 85% of firms responding, while cybersecurity was only a concern for 37%.
July 31 -
Digital lender Chime and Visa this week became the latest firms to cite AI as part of a downsizing. While bots usually aren't directly replacing workers, machine learning changes customer access to financial products in a way that's increasingly making some work less necessary.
July 31 -
Fincen's Andrea Gacki will join Citi as global head of sanctions, BBVA promoted Gonzalo Rodríguez to chief financial officer, HDFC Bank penalized three senior officials for their role in a controversial deposit arrangement, and more in this week's banking news roundup.
July 31 -
A recipe of no securities, mostly adjustable-rate loans and a cheap rural deposit base made the Texas bank the top performer in the $2 billion-$10 billion asset class.
July 31 -
"Increase Bank is the bank I needed at Stripe," CEO Darragh Buckley said as he announced the rebrand of a community bank he acquired last year.
July 31











