New Jersey Migrant Who Killed Mother in Child in DWI Crash Nearly Hit Red Bank Cop Head On Weeks Prior
Red Bank, NJ – An undocumented immigrant (illegal alien) accused of killing a mother and her 11-year-old daughter in a DWI crash was released by New Jersey judges three times in four…
Brazil’s central bank should take ‘assertive’ stance to curb inflation, director says
BRASILIA – An “assertive” action by the Brazilian central bank is necessary for inflation to converge to the government’s official target, the central bank’s director of international affairs, Fernanda Guardado, said on…
Four Men Convicted of Federal Financial Crimes Involving Money Laundering, Structuring, Wire Fraud, and Bank Fraud
Louisville, Kentucky – On May 24, 2022, a former Louisville, Kentucky resident was convicted and sentenced for conspiring to commit money laundering by assisting in the unlawful purchase of automobiles with criminal…
Georgia couple sentenced for carjacking, bank robbery, drug trafficking, and weapons crime spree
ATLANTA – Quantavious Cedron Arnold and Ericka Brewster have been sentenced to federal prison for carrying out a two-week crime spree during which they robbed a bank and fled in a car…
Crypto fears now materialising, central bank body BIS says
By Marc Jones LONDON – Recent implosions in the cryptocurrency markets indicate that long-warned-about dangers of decentralised digital money are now materialising, the Bank for International Settlements has said. The BIS, the…
Bank Indonesia to hold rates in June but start hiking next quarter
By Arsh Tushar Mogre and Shaloo Shrivastava BENGALURU -Bank Indonesia will leave its key interest rate steady at 3.50% on Thursday but over one-quarter of economists in a Reuters poll expect a…
Bank of Korea raises inflation forecasts, will review ‘big step’ hikes
By Cynthia Kim and Jihoon Lee SEOUL – South Korea’s central bank on Tuesday said it expects inflation will be higher than earlier projected and that it would closely assess debt repayment…
Australia central bank sees need to normalise policy in inflation fight
SYDNEY – Australia’s central bank decided to raise interest rates by a larger 50 basis points this month because policy would still be very stimulative and it needed to be normalised to…
Australia central bank concedes yield target exit was disorderly, damaging
By Wayne Cole SYDNEY – Australia’s central bank said on Tuesday its pandemic stimulus programme to keep short-term bond yields low was successful for much of its life but the exit was…
Newark Wells Fargo Bank Robbed, Suspect Fled
NEWARK, DE – A black male successfully robbed the Wells Fargo bank branch on Glasgow Avenue on Friday. The Delaware State Police said that at approximately 1:43 p.m., troopers responded to the…
China likely to keep lending benchmark LPR unchanged amid global central bank tightening
SHANGHAI – About 90% of traders and analysts in a Reuters survey expected China to keep benchmark interest rates unchanged at its monthly fixing on Monday, as global central bank tightening limited…
Grand Jury Indicts Bank Robbery Suspect
WICHITA, KAN. – A federal grand jury in Wichita returned an indictment charging a man with one count of bank robbery. According to court documents, Roland K. Vandenberg, 55, allegedly robbed Emprise…
India central bank lifts curbs on Mastercard over new cards
NEW DELHI/BENGALURU -The Reserve Bank of India on Thursday lifted restrictions imposed last year on Mastercard Inc over issuing debit and credit cards to new domestic customers. The decision follows satisfactory compliance…
C$ falls as global central bank tightening spooks investors
TORONTO – The Canadian dollar weakened against its U.S. counterpart on Thursday as oil prices fell and interest rate hikes by central banks around the world added to investor worries that tighter…
Marketmind: Bank of England in a bind
A look at the day ahead in markets from Sujata Rao The Fed’s decision to raise rates by 75 basis points has left its communication track record dented, with only a WSJ…
HSBC leaves best lending rate unchanged at 5% despite central bank hike
HONG KONG – HSBC Holdings said on Thursday it will leave its best lending rate unchanged in Hong Kong at 5% despite the city’s central bank raising the base rate. The Hong…
Mexican financial system stable but global risks weigh -central bank
By Kylie Madry and Brendan O’Boyle MEXICO CITY – Mexico’s financial system is resilient and solid despite international economic and geopolitical volatility, the central bank chief said on Wednesday during the introduction…
Russian bank VTB doesn’t see merger with rival happening before autumn -newspaper
(Reuters) – VTB, Russia’s second-largest lender, does not think a proposed merger with fellow state-run bank Otkritie will take place before autumn, Kommersant newspaper said on Tuesday. Both banks have been targeted…
Australia’s central bank warns inflation too high, ‘decisive’ action needed
SYDNEY – The head of Australia’s central has warned inflation is set to rise much higher than expected just a month ago and policy needs to respond in a “decisive” manner, which…
French central bank sees second quarter growth of 0.25%
PARIS – France’s economy should avoid falling into recession during the current quarter after contracting in the first three months of the year, the central bank said on Tuesday. The euro zone’s…
Georgia Man Sentenced in Bank Fraud Scheme that Exploited Homeless Individuals
PROVIDENCE, R.I. – A Georgia man who solicited, transported, and paid homeless individuals from the Providence area to cash hundreds of thousands of dollars worth of counterfeit business checks in four New…
Maine Man Pleads Guilty To Bank Fraud
CONCORD – Sean Crockett, 40, of Lebanon, Maine, pleaded guilty on Monday in federal court to bank fraud, United States Attorney Jane E. Young announced today.…
EU financial services chief calls for compromise on bank capital
By Huw Jones LONDON – European Union financial services chief Mairead McGuinness on Tuesday urged the bloc’s lawmakers to agree on bank capital rules to keep the sector resilient as it emerges…
Swiss National Bank to leave rates steady in June, raise 25 bps in Sept- Reuters poll
By Indradip Ghosh and John Revill BENGALURU/ZURICH – The Swiss National Bank will keep its negative policy interest rate unchanged on Thursday and will not raise it to zero until early next…
World Bank approves third new project for Solomon Islands
WELLINGTON – The World Bank said on Tuesday that it had approved a fisheries project in the Solomon Islands, its third new project announced for the Pacific country in as many weeks.…
New Zealand central bank says liquidity policy review receives support
(Reuters) – The Reserve Bank of New Zealand said on Tuesday that the first stage of the central bank’s review on its liquidity policy had received broad support. The purpose of the…
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