SAN JOSE, Calif. - (08/12/05) -- Technology CU said it has donated$1,000 to the Vanished Children's Alliance for the purchase ofspecial software that allows VCA's missing child database andprintable missing child posters to be accessed online by lawenforcement agencies and the public. The Lasso Professional Serverprovides users with the ability to search and filter throughspecific case information, and allows VCA's Casework Department todisplay up-to-date information available on their website. Throughthe use of this software, VCA expects to disseminate more posters,thereby generating more leads to assist law enforcement in locatingthese children.
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The Cincinnati, Ohio-based bank delivered third quarter earnings that mostly met expectations, even as it took a $200 million blow to credit.
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The Charlotte, North Carolina-based bank reported net income of $1.45 billion for the third quarter and earnings per share of $1.04, which beat analysts' forecast of $0.99 per share.
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Earlier in the day, Fed Gov. Stephen Miran chastised the Fed for wading into politics under the Biden administration, as he currently takes unpaid leave from President Donald Trump's top advisory council.
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CEO Chris Gorman applauded what he sees as a transformation of bank regulation since President Trump took office. He described a shift from layers of exams and documentation to a streamlined focus on liquidity, capital and earnings.
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Zions Bancorp. is among the latest banks to report material losses due to alleged borrower fraud. Stocks of regional lenders plunged on Thursday.
October 16 -
Merchants alleged the major card networks illegally conspired to shift fraud liability onto them with the adoption of EMV chip technology.
October 16