A serial bank robber was mistakenly released for four hours after his capture last week after confessing to 16 area credit union and bank robberies since last July, including 10 in his hometown of Sandy. Three civilian employees at the Salt Lake County Jail failed to double-check the release date for Jeremy Van Duren and allowed the serial robber to walk away at 10 p.m. But the erroneous release of the robber, known as "Slim Jim" for his slender physique observed on surveillance videos, prompted a rapid manhunt and the bandit's re-arrest by 2 a.m. The jail employees had failed to notice that a judge had given prosecutors an extension for filing charges. Among the institutions Van Duren confessed to robbing are: America First CU and CU Service Center Van Duren told police he robbed the credit unions and banks to support a drug habit.
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The card brand has added several tools that expand "agentic commerce," which adds artificial intelligence-based automation to shopping, service and checkout, innovation that's becoming popular with payment companies.
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Execs say other banks are still more of a rival for deposits than the digital currency.
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First Northwest Bancorp in Port Angeles has selected an Everett, Washington-based competitor's president to serve as its new top executive.
September 12 -
The Charlotte-based megabank announced that it had appointed two business leaders to be co-presidents of the bank, and elevated its chief financial officer to serve as executive vice president.
September 12 -
The Massachusetts bank is being accused of aiding and abetting the operation of a Ponzi scheme centered in Hamilton, New York. The bank declined to comment on the allegations.
September 12 -
City National Bank promotes Brandon Williams to head private banking and wealth management; a former U.S. Postal Service letter carrier is sentenced to five and a half years for stealing over $10 million in checks from the mail; Lazard expands its North American investment banking franchise with two managing director hires; and more in this week's banking news roundup.
September 12