BLOOMINGTON, Minn. - (10/11/04) -- An expanded airport runway will leadthe Minnesota CU Network to move its offices to downtown St. Paulin early 2005. The state league has leased the remaining commercialoffice space in the Saint Paul Public Housing Agency's new buildingand will move 30 people into that space. The Network said it ismaking the move largely due to a new north-south runway which willbe open soon at the Minneapolis-St. Paul International Airport. Thecurrent Network office in Bloomington is directly in the path ofthe runway where estimates predict noise levels to exceed 75decibels.
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Judge Mark T. Pittman sided with the Consumer Financial Protection Bureau in ordering the case be moved from Texas to the District of Columbia due to "forum shopping."
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Synovus Financial demonstrated at an industry conference how it is using Microsoft's Copilot to help its staff address customers' concerns.
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The U.S. arm of Spanish banking giant Santander has hired Swati Bhatia to oversee retail banking and its digital transformation efforts. Bhatia joins at "an inflection point" for the company, which aims to be "a digital bank with branches," CEO Tim Wennes said.
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Mariya Rosberg is named Americas head of banking and financial services at Marsh McLennan's Oliver Wyman unit; startup ZayZoon raised $15 million in a new funding round; and more in the weekly banking news roundup.
March 28 -
Last year, the Raleigh, N.C.-based Integrated called off a deal to sell itself to MVB Financial after bank stocks took a hit in the aftermath of the regional bank failures. Capital hopes to expand its government-guaranteed lending with the transaction.
March 28 -
Once a prominent figure spurring financial institutions to engage in cryptocurrency, Bankman-Fried's downslide began with the collapse of the digital asset exchange FTX in late 2022 and hit rock bottom with his sentencing to 25 years in prison.
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