RACINE, Wis. - (09/21/05) -- A court-savvy suspect who has beenthrough seven lawyers began his third trial Monday in the December2000 armed robbery at Belle City CU. The first trial for49-year-old Ricky McMorris ended in a mistrial after his brotherinvoked his Fifth Amendment right not to incriminate himself duringtestimony. A second trial ended in a hung jury on the armed robberycharge and McMorris was convicted of a weapons charge. In themeantime, McMorris has gone through six court-appointed lawyers,either because they have withdrawn from the case or he has firedthem. During Monday's opening arguments, McMorris' latest lawyertold the jury it was McMorris' brother, Charles McMorris, whorobbed the credit union, and not his client.
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Firms like Brex and Ramp are adding new tech faster than legacy banks, according to payment experts.
October 13 -
The Office of Management and Budget issued reduction in force notices to Treasury staff working in the Community Development Financial Institution office Friday, saying that the layoffs are necessary to "implement the abolishment" of the fund.
October 10 -
Former City National CEO Kelly Coffey has a new venture in wealth management; Erin Siegfried is Northwest Bancshares' new chief legal counsel and corporate secretary; Flagstar Bank secures OCC approval to merge its holding company into the bank; and more in this week's banking news roundup.
October 10 -
The regional bank has launched a digital student banking center that's part of a broader strategy to focus on relationship-building.
October 10 -
The Consumer Financial Protection Bureau has announced job openings for attorney-advisors to represent the agency in defensive and appellate litigation.
October 10 -
An updated deposit insurance reform bill from Sens. Bill Hagerty, R-Tenn., and Angela Alsobrooks, D-Md., would raise deposit insurance for business accounts to $10 million, exclude the largest banks from coverage and insulate community banks from footing the bill.
October 10