PITTSBURGH, Pa. - (01/16/06) A dangerous credit union robberwho was recaptured in 2004 after a dramatic man-hunt, fell to hisdeath last week trying to escape from the Allegheny County Jail.The body of Franklin Sebetich, 58, who was sentenced to 20 years inprison for the 1979 armed robbery at Cal-Ed CU, was found earlyThursday morning outside the prison wall, where he had fallen 16stories. Sebetich broke through a security window, pushed out ametal screen, and pried off a metal bar in his cell, authoritiessaid. Prison officials found a rope fashioned from sheets andinmate uniforms in his cell. In 1984 Sebeticj was convicted ofhelping two other armed men rob Cal Ed CU. Following the robbery,Sebetich fired several shots from a handgun out of a speedingpickup truck during a 22-mile chase. Sebetich, who had a longcriminal record, was released from prison in 2003, then ran afoulof the law again when police tried to arrest him for a homeinvasion. He led them on a two-day chase that ended when they usedtear gas to flush him out of an abandoned coal mine.
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From baby boomers' family needs to the fearlessness of Gen Z, three bank executives discussed the work habits of different age groups at American Banker's Most Powerful Women in Banking conference.
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The bank asks a federal court to toss claims from five certified classes, arguing victims have been paid and that fraudsters are included in the suit.
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BNY's Carolyn Weinberg believes blockchain technology could be the key to an always-on operating system for the New York-based custody bank.
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The Richmond, Virginia-based bank expects to build 10 branches in Raleigh and Wilmington, North Carolina, over the next three years. M&A is on the back burner as the company also works to capitalize on its recent acquisition of Sandy Spring Bank in Maryland, CEO John Asbury said.
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The North Carolina bank is the latest lender impacted by the bankruptcy of U.S. auto parts maker First Brands. First Citizens executives said credit was in good shape overall.
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The agents could overcome the consumer inertia that keeps people in low-yield bank accounts, the consultants say.
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