SKOWHEGAN, Me. - (02/07/05) -- The eldest of two teenage brotherswho robbed Franklin-Somerset FCU twice last year was sent to prisonFriday for six years. James 'Tony' Wildes, now 19, was convicted ofrobbing the credit union's Madison branch of $15,000 on July 6,then of $30,000 five weeks later, on Aug. 12. He was ordered to pay$15,000 restitution after his lawyer argued he didn't have the restof the money and was in no condition to raise it, especially afterhe goes to prison. Wildes' 16-year-old brother Christopher, whohelped in the dual credit union heists, will be in a juveniledetention center until he reaches the age of 20.
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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.
June 19 -
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 -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18 -
Back-office automation fintech BILL Holdings is using JPMorgan Payments white-label digital wallet to subledger its own clients' accounts. Reconciling client payments for BILL's corporate card, the BILL Divvy Card is the company's first use case.
June 18








