SAN ANTONIO - A state grand jury indicted three gunmen last week on charges related to December’s multi-county car chase, after the suspects allegedly robbed San Antonio FCU. A State Trooper was injured by gunfire and several bullets struck San Antonio police cruisers during the shoot-out. The three suspects, Michael Hurtado, 23 and his 24-year-old brother Liborio Hurtado, and Armando Contreras, 24, were each indicted on robbery and assault charges. Police said the three stormed the credit union wearing army fatigues, ski masks and bullet-proof vests and carrying semi-automatic weapons, before making off with an undisclosed amount of cash. They led police on a high-speed chase on Interstate 35 and were forced to a halt when the pick-up truck they were getting away in careened over the highway median. During an ensuing gunfight, at least 20 cars were hit by bullets and one of the suspects and a state trooper injured.
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House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.
July 3 -
A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.
July 3 -
Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.
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Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.
July 3 -
In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.
July 3 -
The Federal Reserve has banned a Wyoming bank employee from the banking industry for embezzling more than $30,000 from a charity.
July 3