MIAMI - (10/22/04) -- Police searching for a middle-agedwoman they believe is responsible for 10 armed robberies sinceApril, at least three of them at area credit unions. The suspect isbelieved to have worked in banking because she seems to know theinner workings of financial institutions, which shows in the notesshe hands to tellers, police said. In each of the notes she impliedshe has a gun but never shows it. In each of the hold-ups she wearsdark sunglasses and a floppy hat or a bandana to conceal her face.The suspect has hit People's CU, twice and Eastern Financial CU,and seems to favor Wachovia, robbing four of the banking giant'sbranches during the spree.
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The Arkansas-based company spent nearly four years on the M&A sidelines, grappling with asset quality issues and litigation tied to its 2022 acquisition of Texas-based Happy State Bank. Now it's signed a letter of intent to buy an unnamed bank.
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The company cited efforts to improve profitability behind its decision, with Popular joining a line of other banks in ending mortgage operations in 2025.
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The 23rd annual dinner honored bankers and finance leaders at the top of the industry.
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Zelle's parent Early Warning Services said Friday it was planning to take its peer-to-peer payments network international through a new stablecoin initiative. It says the details will come later.
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Nicolet Bankshares has agreed to buy MidWestOne Financial in an $864 million, all-stock deal. The acquisition will move the Wisconsin-based buyer into Iowa and the Twin Cities, while also allowing it to vault past a key regulatory threshold.
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A think tank report details setbacks in U.S. cyber strategy, from shuttered partnerships and staff cuts to the expiration of key info-sharing laws.
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