FORT WAYNE, Ind. - (07/11/05) -- A man serving a 12-year sentence forrobbing a Toledo-area department store pleaded guilty Friday toplanting two pipe bombs in separate credit union incidents fordiversions in the 1999 robbery. Thomas Hansen, 45, pleaded guiltyto two counts of arson for exploding pipe bombs at Midwest AmericaFCU and Indiana Postal and FCU, which were both used to divertpolice while he robbed a nearby Meijer department store. No one wasinjured in the bombings, which caused $5,000 worth of damages atMidwest America FCU and $8,000 of damages at Indiana Postal andFCU.
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Capital One, PNC, Truist and, U.S. Bancorp are urging regulators to cut duplicative calculations and align U.S. rules with global standards, a longstanding preference for banks but one that will likely find a warm reception from a deregulation-focused Trump administration.
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In an environment of persistent economic unease, banks have a unique opportunity to help small businesses, Sekou Kaalund, U.S. Bank's head of branch and small business banking, said at American Banker's 2025 Small Business Banking conference.
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The New York-based bank, which works with many Democratic campaigns, faces investor concerns that it might be targeted by the Trump administration. CEO Priscilla Sims Brown says the bank's "strong profitability" is its best shield from political threats.
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The Ohio bank is working with Alloy Partners to build startups in fintech, payments and wealth management even as it acquires multiple banks this year.
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Huntington's $7.4 billion acquisition of Cadence would give the Ohio-based bank a top-five market share in both Dallas and Houston. It comes just a week after Huntington closed its last Texas acquisition.
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In an expanded partnership announced Monday, the card network and payment fintech will enable hundreds of millions of consumers and tens of millions of merchants to use new forms of artificial intelligence for shopping and payments.
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