SAN DIEGO - (03/13/06) Two men who held up the OrangeCounty FCU branch Thursday afternoon were forced to flee on footwith a bag of cash after dropping the key to their getaway car. Thetwo entered the credit union around 1 pm and demanded cash. Oneleaped over the teller counter and rifled through thetellers cash drawers, then leaped back over the counter.Thats when he dropped the keys, according to police. The tworan out of the credit union and down an embankment to their getawaycar, a silver Jeep Cherokee that was rented in northern California,only to realize they didnt have the key, according topolice. The robbers were last seen running toward the freeway. Asearch of the area shut down part of the northbound San DiegoFreeway just before rush hour and included a helicopter, abloodhound and armed investigators who scouredshrubbery.
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Synovus Financial demonstrated at an industry conference how it is using Microsoft's Copilot to help its staff address customers' concerns.
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The U.S. arm of Spanish banking giant Santander has hired Swati Bhatia to oversee retail banking and its digital transformation efforts. Bhatia joins at "an inflection point" for the company, which aims to be "a digital bank with branches," CEO Tim Wennes said.
March 28 -
Mariya Rosberg is named Americas head of banking and financial services at Marsh McLennan's Oliver Wyman unit; startup ZayZoon raised $15 million in a new funding round; and more in the weekly banking news roundup.
March 28 -
Last year, the Raleigh, N.C.-based Integrated called off a deal to sell itself to MVB Financial after bank stocks took a hit in the aftermath of the regional bank failures. Capital hopes to expand its government-guaranteed lending with the transaction.
March 28 -
Once a prominent figure spurring financial institutions to engage in cryptocurrency, Bankman-Fried's downslide began with the collapse of the digital asset exchange FTX in late 2022 and hit rock bottom with his sentencing to 25 years in prison.
March 28 -
But the 30-year fixed rate mortgage is still near 7%, and that remains the overhang on the housing market, Freddie Mac said.
March 28