COLUMBUS, Ohio - (09/06/05) -- A man convicted in six kidnap-stylerobberies at credit unions, banks and check casher--including thebiggest credit union heist ever-- was sentenced Friday to 147 yearsand eight months in a federal prison. Gary Watkins, 41, wasconvicted in May, of staging a string of robberies with hisbrother, Eric Watkins, that included the kidnap-style robbery atWestern CU in July 2003, in which they stole $643,000, believed tobe the most ever robbed from a credit union. The gang was alsobelieved to be responsible for the May 2003 robbery of $145,000from Whitehall CU, and several other heists, with a total take ofmore than $1 million. Also convicted in the gang were: Frankie LeeJones, Gary Watkins' brother-in-law, and Jones' brotherDarryl.
-
Federal Reserve Chair Jerome Powell was noncommittal about cutting interest rates at the central bank's next monetary policy meeting in July, saying future actions will depend on incoming data. His comments come as President Trump ramps up his criticism of the Fed chair.
14m ago -
Regulators hope changes to the supplementary leverage ratio will improve Treasury market function, but whether that happens depends in large part on how banks react and adapt.
5h ago -
While banks will likely increase near-term dividend plans, analysts and investors are more focused on the long-term outlook for capital requirements from regulators.
June 30 -
The Missouri bank surveyed consumers about what kind of financial management tools they use, then built its My Finance360 tool in response.
June 30 -
GodFather malware mimics and manipulates real financial apps on Android devices, exposing sensitive data without user suspicion.
June 30 -
As banks consider their strategies, other big names are also considering a role for digital assets.
June 30