ROCKLAND, Mass. - (07/08/05) -- The photo of Kevin Donovan posing inhandcuffs with men appearing to be local police officers in frontof a police cruiser was meant to be a joke promoting the band ofthe police chiefs son. But now the promo appears to be morethan a joke as the chiefs 34-year-old offspring is wantedfor a string of armed robberies, including Tuesdays hold-upat HarborOne CU, last weeks robbery at Crescent CU, and aheist at Rockland Trust two weeks ago. Bank robbery appears to be alittle more than a passing fancy for the troubled lead singer ofGun Dog, who served three-and-a-half years in prison on federalbank robbery charges. Authorities said the fugitiveslikeness, with clearly identifiable tattoos, was visible on thesurveillance video after Tuesday hold-up.
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Emerging forms of artificial intelligence are moving so fast, traditional IT training isn't an easy fit. New research from American Banker shows how banks are handling training.
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Federal Reserve Vice Chair Philip Jefferson said in a speech Tuesday that despite positive employment readings in recent months, he remains concerned that an economic shock could still threaten the labor market.
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Santander U.S. and Webster Financial are doing integration work in advance of their pending merger, including naming business-line leaders, the banks said in separate notes.
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The FDIC board voted unanimously to issue a proposal putting a rebuttable ban on bank-issuers paying yield on stablecoins, another narrowing AML requirements and a third prohibiting examiners using reputational risk in exams, outside of operational or financial risks.
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The neobank is rolling out Chime Prime, a new membership service that rewards customers for making Chime their primary bank account.
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The Minneapolis-based company plans to leverage the arrangement to draw more attention to its growing list of national business lines, transcending its regional reputation.
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