VIRGINIA BEACH, Va. - (08/25/05) Virginia Beach police are searching fora suspect who allegedly robbed a Brinks employee outside a ChartwayFederal Credit Union. Officials say the Brinks employee was puttingmoney into an ATM machine outside the credit union in the 300 blockof Kellam Road around 11:40 a.m. when he was approached from behindby a suspect armed with an assault rifle. The suspect told theemployee to get on the ground, then took the containers holding themoney for the ATM machine and fled.
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A housing bill that already passed the Senate cleared the House Monday evening, but included bipartisan community banking provisions that have already raised objections in the upper chamber.
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The activist investor HoldCo Asset Management said Monday that it doesn't plan to pursue proxy battles this spring at either Key or Eastern. It had been agitating publicly over the banks' M&A strategies.
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