DENVER - (04/20/05) -- A man believed responsible for asmany as 20 area bank and credit union robberies was indictedTuesday on six federal charges connected to area hold-ups,including the Feb. 11 heist at Columbine FCU in Centennial. TylerHamilton, 43, dubbed the 'Mr Magoo Bandit,' because of thickblack-framed glasses he wore during most of the hold-ups, wasarrested March 23 at a remote mountain cabin owned by a familymember. Authorities said the robber would strike every day and hitas many as three institutions in a single day.
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A housing bill that already passed the Senate cleared the House Monday evening, but included bipartisan community banking provisions that have already raised objections in the upper chamber.
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Fifteen banks have failed since November 2019, with the most recent one occurring on Jan. 30.
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Federal Reserve Gov. Christopher Waller said comments from banks and fintech firms reveal sharply different priorities in the creation of the central bank's proposed "skinny" master accounts.
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Check fraud has risen 385% since the pandemic, with criminals using stolen mail and digital tools to deceive major financial institutions.
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The activist investor HoldCo Asset Management said Monday that it doesn't plan to pursue proxy battles this spring at either Key or Eastern. It had been agitating publicly over the banks' M&A strategies.
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