BROCKTON, Mass. - (04/07/06) -- The son of the Rockland police chiefpleaded guilty Thursday to robbery charges in connection with astring of five hold-ups over 12 days last summer--including one atCrescent CU and another HarborOne CU. Kevin C. Donovan, 35, the sonof Police Chief Kevin Donovan, was arrested a few days after thelast heist hiding in a laundry room of a Randolph apartmentbuilding after leading police on a high-speed car chase from nearbyBrockton. The younger Donovan is a convicted bank robber who servedthree years in prison. He worked as lead singer in a local rockband called Gun Dog and posed in handcuffs with two men appearingto be local police officers in front of a police cruiser on theband's web site.
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Strong loan and deposit growth led to a double-digit increase in revenues and an even bigger jump in profits at the Columbus, Ohio-based regional bank.
October 17 -
Flagstar shareholders approved a plan to merge its holding company into the bank; Huntington tapped a new chief auditor, along with two new business leaders; First Foundation hired a new chief credit officer; and more in this week's banking news roundup.
October 17 -
In a tough quarter for the auto industry, the Detroit-based lender posted earnings that sped past Wall Street's expectations.
October 17 -
Approximately three years after the one-time non-depository bought Roscoe (Texas) State Bank, Cornerstone Capital Bancorp agreed to purchase Peoples Bancorp.
October 17 -
Regional banks say their asset quality is solid amid skittish investors. The KBW Nasdaq Regional Banking Index was largely stable Friday after falling by as much as 7% the day before.
October 17 -
Coordinated sanctions target two networks behind so-called pig butchering scams, human trafficking and money laundering for North Korean cybercrime groups.
October 17