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…
Indonesia’s inflation inches up in May, stays within central bank target
By Stefanno Sulaiman and Gayatri Suroyo JAKARTA – Indonesia’s inflation rate accelerated slightly in May due to rising food prices and airfares, official data showed on Thursday, roughly in line with market…
Wells Fargo CEO sees $1 billion opportunity in growing investment bank
By Elizabeth Dilts Marshall and Niket Nishant NEW YORK – Wells Fargo & Co’s Chief Executive Officer Charlie Scharf said Wednesday he wants to grow Wells’ corporate and investment banking business on…
Bank of Canada hikes rates to 1.5%, says will act ‘more forcefully’ if needed
OTTAWA, June 1 (Reuters)- The Bank of Canada on Wednesday raised its policy interest rate to 1.5% from 1.0%, its second consecutive 50-basis-point hike, and said it was prepared to act “more…
Column-Missing the mix? Central bank view framed by fiscal space :Mike Dolan
By Mike Dolan LONDON – Markets may be missing the mix. As financial markets parse monetary policy tea leaves by the hour and remain in thrall to the twists and turns of…
Deutsche Bank sees a 50 bps ECB rate hike by September
MILAN – Deutsche Bank economists have ramped up expectations over European Central Bank policy tightening and now expect one of the two interest rate hikes in the third quarter to be a…
Springfield Man Pleads Guilty to Bank Robbery
SPRINGFIELD, Mo. – A Springfield, Mo., man who was identified when his photo was broadcast by local TV stations pleaded guilty in federal court today to bank robbery. Charles Edgar King Jr.,…
Global regulators push ahead with crypto bank capital rules
By Huw Jones LONDON – Global regulators said on Tuesday they will complete work by year end on how much capital banks should hold to cover cryptoassets on their books. Last June…
Bank cards in Belarus suffer temporary mass outage
(Reuters) – Belarus on Tuesday suffered a temporary mass outage of bank cards, its largest payments processor said, as some of its major banks find themselves under Western sanctions. Card holders across…
Thai economy improves in May on easing COVID curbs – central bank
BANGKOK – Thailand’s economic activity in May showed gradual improvement as concerns about the pandemic receded and restrictions eased, the central bank said on Tuesday. Issues to be monitored, however, include an…
UK business confidence ticks higher in May – Lloyds Bank
LONDON – Sentiment among British businesses edged higher in May, except for consumer-facing companies that are most exposed to the growing cost-of-living crunch, a survey showed on Tuesday. The Lloyds Bank Business…
Masked Men Rob U.S. Bank in Akron
Akron, OH – Police are searching for two masked men who robbed the U.S. Bank on South Canton Road. Police say the men entered the bank and passed a note demanding money…
Two-Time Bank Robber Sentenced to 48 Months in Custody
SAN DIEGO – Eric Tyler Oxenham was sentenced in federal court today to 48 months in prison for robbing two San Diego banks in 2021 and violating the conditions of supervised release…
Israeli forces injure dozens in West Bank protests, Palestinian medics say
RAMALLAH, West Bank – Israeli forces injured almost 90 people in protests in the occupied West Bank on Friday, the Palestine Red Crescent Society said. At least one Palestinian was shot in…
India central bank gov says priority is inflation, but growth important – ET
MUMBAI – The Reserve Bank of India’s primary focus is to bring inflation down closer to target but it cannot disregard the concerns around growth, governor Shaktikanta Das told newspaper Economic Times…
Woman Arrested in Rancho Cordova Sentenced to Over 7 Years in Prison for Identity Theft and Bank Fraud Scheme
SACRAMENTO, Calif. — Candice Nicole Freitas, 34, formerly of Martinez, was sentenced today by U.S. District Judge Troy L. Nunley to seven years and 10 months in prison for bank fraud, aggravated…
Kansas Bookkeeper Pleads Guilty to Bank Fraud
WICHITA, KAN. – A Kansas woman pleaded guilty in connection to a scheme to defraud her former employers of millions of dollars. According to court documents, Nancy Martin, 77, of Wichita…
Massachusetts Man Sentenced to Over 9 Years for Attempted Bank Fraud, Aggravated Identity Theft and Criminal Contempt
PORTLAND, Maine: A Massachusetts man was sentenced in federal court for conspiring to commit bank fraud, aggravated identity theft and for committing criminal contempt while on pretrial release, U.S. Attorney Darcie N.…
Bank Ceo Convicted For Taking Bribes In Connection With Loans Guaranteed By The Small Business Administration
Damian Williams, the United States Attorney for the Southern District of New York, announced today the conviction of EDWARD SHIN, then-CEO of a Pennsylvania-based bank (the “Bank”), for taking bribes in connection…
Father and Son Prosecuted for Bank Fraud Scheme
BIRMINGHAM, Ala. – On Tuesday, a father and son appeared in court on charges stemming from a bank fraud scheme in which they provided fraudulent information to financial institutions for the purpose…
Cherry Hill Bank Robber Arrested A Short Time Later
CHERRY HILL, NJ – A man who robbed a bank in Cherry Hill was arrested by police before he got to spend his first dollar of stolen money. Jose Cruz, 42, of…
Bank of Canada 50-basis-point June 1 hike a done deal, economists say: Reuters poll
By Shrutee Sarkar BENGALURU – The Bank of Canada will hike its overnight rate by 50 basis points on June 1, according to all 30 economists polled by Reuters, who see interest…
Myanmar central bank orders state bodies not to use foreign currencies
(Reuters) – Myanmar’s central bank has ordered ministries and local governments not to use foreign currencies for domestic transactions, to help relieve pressure on the kyat currency. The Southeast Asian country’s economy…
China central bank urges more lending to small firms amid COVID shocks
BEIJING -China’s central bank said on Thursday it would promote more credit for smaller firms and boost financial institutions’ confidence to lend funds, as policymakers struggle to get the COVID-stricken economy back…
Brussels says about $24 billion of Russian central bank assets frozen in EU, less than expected
BRUSSELS – European Union states have reported the freezing of about 23 billion euros ($24.5 billion) of assets of the Russian Central Bank, a top EU official said on Wednesday, revealing for…
Swiss National Bank chairman says global monetary policy moving into tightening phase – magazine
ZURICH – Global monetary policy is moving into a new phase of higher interest rates to combat resurgent inflation, Swiss National Bank Chairman Thomas Jordan told Bilanz magazine in an interview. “It’s…
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