ALBUQUERQUE, N.M. - (12/05) -- A young man believed responsible for asmany as seven area robberies over the past two weeks--includinglast Saturday's at Sandia Laboratory FCU--was arrested earlyTuesday morning by local police and FBI agents, while a second manbelieved to be his mentor is still on the lam. Marc Dutch, 22, wasnicknamed the Rookie Robber because of his youth and his cooldemeanor in pulling off armed robberies. Agents believe he wasbeing coached by an older and more experienced bank robber becauseof his practiced method. The older mentor, identified as39-year-old George Hyatt, was spotted by police driving his car innortheast Albuquerque Tuesday, but Hyatt ditched his car and fledon foot. A dye pack exploded after Saturday's robbery, spilling reddye over both the cash and the demand note and prompting the robberto throw both out the window of the getaway car. Dutch wasidentified by fingerprints on the note. Dutch is believed to beresponsible for armed robberies at First Financial CU and NewMexico Central CU, as well as four local banks. Police said Hyatt'srecord includes four arrests for robbery, including a 2000 hold-upat New Mexico Central CU, one of the institutions the Rookieallegedly robbed.
- AB - Policy & Regulation
The D.C. Circuit Court of Appeals halted the Trump administration's attempt to fire nearly two-thirds of the Consumer Financial Protection Bureau's workforce, upholding a March 2025 injunction.
6h ago -
JPMorganChase wants to expand its digital bank offerings to three more European countries, according to a new Financial Times report; M&T Bank Corp. elects Jerry Jacobs Jr. to the board of directors of both its parent and banking subsidiary; Citizens Financial Group names Chris Emerson as head of investor relations; and more in this week's banking news roundup.
June 19 -
Banks that don't embrace embedded payments now risk losing out to more nimble rivals in the near future.
June 19 -
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18









