HONOLULU - (07/03/06) A bandit who covers hisfeatures with a variety of wigs and uniforms is believed to havestruck twice more Friday, including once at Hickam FCU, the thirdtime the masked bandit has robbed a Hickam branch. The bandit, whois also believed to be responsible for last weeks hold-up atHawaii State FCU, is up to 10 armed robberies, according to police.The suspect entered the Hickam branch at Pearlride Mall at about 5pm Friday wearing a black wig and sunglasses, then handed theteller a demand note while holding a gun on her. Then he walkedthrough the mall and escaped, police said. Three hours earlier arobber wearing bandages on his head and a camouflage suit, walkedinto the Central Pacific Bank and passed the teller a similar note.The master of disguises usually wears wigs and fake beards and hasused a stun-gun, a Tazer and pocket knives in some of hisheists.
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The child of a slave grew up to become the first woman to open a bank in the U.S., and pioneered community banking for Black communities.
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Life insurers have offloaded long-term policyholder liabilities into offshore reinsurance and captive subsidiaries, raising concerns over state oversight of opaque investment vehicles and whether insurers have adequately funded claims.
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The D.C. Circuit Court of Appeals halted the Trump administration's attempt to fire nearly two-thirds of the Consumer Financial Protection Bureau's workforce, upholding a March 2025 injunction.
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JPMorganChase wants to expand its digital bank offerings to three more European countries, according to a new Financial Times report; M&T Bank Corp. elects Jerry Jacobs Jr. to the board of directors of both its parent and banking subsidiary; Citizens Financial Group names Chris Emerson as head of investor relations; and more in this week's banking news roundup.
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Banks that don't embrace embedded payments now risk losing out to more nimble rivals in the near future.
June 19 -
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19









