TUCSON, Ariz. - (07/21/05) -- Family members and friends of thoseconnected with the 1903 train wreck that claimed 14 lives gatheredat the site of the fiery crash last month, now the location ofPyramid CU, for a memorial. A plaque commemorating the victims ofthe calamity was dedicated and encased in front of the creditunion. Two trains collided at the site in the early morning ofJanuary 28 of that year, killing at least 14 passengers andinjuring several others. Katie Dusenberry, a former Pima Countysupervisor whose father and grandfather survived the crash,attended the ceremony and reflected on the tragedy.
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Judge Mark T. Pittman sided with the Consumer Financial Protection Bureau in ordering the case be moved from Texas to the District of Columbia due to "forum shopping."
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Synovus Financial demonstrated at an industry conference how it is using Microsoft's Copilot to help its staff address customers' concerns.
March 28 -
The U.S. arm of Spanish banking giant Santander has hired Swati Bhatia to oversee retail banking and its digital transformation efforts. Bhatia joins at "an inflection point" for the company, which aims to be "a digital bank with branches," CEO Tim Wennes said.
March 28 -
Mariya Rosberg is named Americas head of banking and financial services at Marsh McLennan's Oliver Wyman unit; startup ZayZoon raised $15 million in a new funding round; and more in the weekly banking news roundup.
March 28 -
Last year, the Raleigh, N.C.-based Integrated called off a deal to sell itself to MVB Financial after bank stocks took a hit in the aftermath of the regional bank failures. Capital hopes to expand its government-guaranteed lending with the transaction.
March 28 -
Once a prominent figure spurring financial institutions to engage in cryptocurrency, Bankman-Fried's downslide began with the collapse of the digital asset exchange FTX in late 2022 and hit rock bottom with his sentencing to 25 years in prison.
March 28