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…
Bank of America to bring workers back to office by June 1 -Bloomberg
NEW YORK – Bank of America told staff earlier this week that it plans to bring workers back to offices by June 1, including those who are not vaccinated, Bloomberg reported on…
Union County Man Admits Robbing Bank
NEWARK, N.J. – A Union County, New Jersey, man today admitted robbing a bank in Rutherford, New Jersey, U.S. Attorney Philip R. Sellinger announced. Seneca Wilson, 43, of Clark, New Jersey, pleaded…
Armed Bank Robber Sentenced to 8 Years in Federal Prison
Leonard C Boyle, United States Attorney for the District of Connecticut, announced that GEORGE BRATSENIS, 73, last residing in Bridgeport, was sentenced today by U.S. District Judge Jeffrey A. Meyer in New…
Spain’s banking bailout fund FROB surpasses 50% stake in bad bank Sareb
MADRID – Spain’s state rescue fund FROB has increased its stake in the country’s “bad bank” Sareb to more than 50%, in line with a European Union order to count its liabilities…
World may be on cusp of new inflationary era, BIS central bank group says
By Marc Jones LONDON – The world is facing a new era of higher inflation and interest rates as deteriorating ties between the West, Russia and China and COVID after-effects drive globalisation…
Scotiabank CEO criticizes government bank tax, misses AGM due to COVID
By Nichola Saminather TORONTO – Bank of Nova Scotia Chief Executive Officer Brian Porter criticised the Canadian government’s proposed bank tax in prepared remarks to shareholders on Tuesday, calling them a “knee-jerk…
Brazil should keep inflation targets despite shocks, says central bank nominee
BRASILIA – Diogo Guillen, who was nominated to the board of Brazil’s central bank, said on Tuesday that it seems appropriate to keep the government’s current inflation targets despite recent price shocks,…
Analysis – Most banks narrow UK gender pay gaps, UBS, Deutsche Bank go into reverse
By Iain Withers and Carolyn Cohn LONDON – Major British financial companies collectively narrowed their gender pay gaps last year, but some went into reverse gear, including UBS and Deutsche Bank, a…
Thornton Man Sentenced to 72 Months for Bank Robbery
DENVER – The U.S. Attorney’s Office for the District of Colorado announces that Brandon Lee Schneider, age 35, of Thornton, Colorado, was sentenced on April 1, 2022, to 72 months in federal…
China central bank expands digital yuan pilot scheme to more cities
SHANGHAI – China’s central bank said on Saturday it will further expand a pilot scheme of its digital currency to more areas, including cities in the eastern Zhejiang province which is set…
Mount Olive Carjacker Robbed Bank Twenty Minutes Later
MOUNT OLIVE, NJ – A 54-year-old man wanted for a carjacking at the Flanders Walmart later robbed a nearby bank. It was no April Fool’s joke for his initial victim, who he…
Two Individuals Indicted and Arrested for Bank Fraud and Aggravated Identity Theft
SAN JUAN, Puerto Rico – On March 31, 2022, a federal grand jury returned a 92-count indictment charging two individuals with conspiracy to commit bank fraud, bank fraud, aggravated identity theft, and…
Stoughton Man Sentenced to 10 Years for Bank Robberies in Wisconsin & Tennessee
MADISON, WIS. – Timothy M. O’Shea, United States Attorney for the Western District of Wisconsin, announced that Todd Templeton, 52, Stoughton, Wisconsin was sentenced today by U.S. District Judge William M. Conley…
Brazil’s central bank employees go on strike, as its chief vacations in Miami
By Marcela Ayres BRASILIA – Brazil’s central bank employees began an indefinite strike for a wage increase on Friday, threatening the stability of the wildly popular Pix instant payment system and the…
Bank of Canada’s Macklem to chair Basel banking committee’s oversight body
(Reuters) – The oversight body of the Basel Committee on Banking Supervision (BCBS) said on Friday it has appointed Tiff Macklem as its new chair, effective immediately. The BCBS constitutes 45 members,…
India central bank focussed on growth, seen lagging on inflation fight
By Swati Bhat MUMBAI – Inflation is picking up in India, but the country’s central bank is likely to maintain its loose policy even as its global peers raise rates, potentially forcing…
Australia’s central bank gets first female deputy governor
SYDNEY -The Australian government on Friday appointed a woman as second in command at the country’s central bank, the first female to hold the position in the bank’s 62-year history and a…
U.S. EXIM Bank formalizes Russia pullout; approves Sri Lanka, Albania, Iraq deals
By David Lawder WASHINGTON – The U.S. Export-Import Bank’s board of directors on Thursday voted to formalize the bank’s withdrawal from any further business in Russia and approved financing and guarantee deals…
Brazil’s central bank to postpone payments to banks due to striking workers
By Bernardo Caram BRASILIA – Brazil’s central bank decided on Wednesday to postpone payments to financial institutions for resources held in accounts from the Pix instant payment system, underscoring mounting risks from…
Former Bank Employee Sentenced on Charges related to Stealing Social Security Administration Benefits from Account of Deceased Customer
BAY CITY – A former JPMorgan Chase Bank branch manager was sentenced today to 34 months in federal prison on charges of theft of government funds and identity theft, stemming from his…
Serial Bank Robbery Suspect Federally Charged
An Albuquerque man suspected of committing a string of bank robberies across Texas, Arizona, New Mexico, Mississippi, and California has been federally charged, announced U.S. Attorney for the Northern District of Texas…
Albuquerque man appears in court on bank robbery charge
ALBUQUERQUE, N.M. – Ronald Lopez, 29, of Albuquerque, made an initial appearance in federal court on March 30 facing a charge of bank robbery. Lopez will remain in custody pending a detention…
White House says rouble is being artificially propped up by the Russian central bank
WASHINGTON – The White House is seeing an “artificial propping up of the rouble” by the Russian central bank and by the Russian government, communications director Kate Bedingfield said on Thursday. “They…
Colombia central bank raises rate to 5%, less than expected
By Nelson Bocanegra and Julia Symmes Cobb BOGOTA – Colombia’s central bank board raised the benchmark interest rate by 100 basis points to 5% on Thursday, significantly lower than expected even amid…
Brazil central bank quadruples exposure to Chinese yuan
By Marcela Ayres BRASILIA – Brazil’s central bank more than quadrupled its foreign reserves in Chinese yuan last year, policymakers reported on Thursday, as it trimmed holdings of U.S. dollars and euros…
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