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 NY Mellon Corp names vice chair Vince as CEO
– Bank of New York Mellon Corp said on Thursday vice chair Robin Vince would become the company’s chief executive officer, replacing Todd Gibbons who will retire later this year. The former…
Ukraine war-related inflation may drive protests and riots, World Bank warns
By Andrea Shalal WASHINGTON – Soaring energy and food prices triggered by Russia’s invasion of Ukraine could exacerbate existing food security concerns in the Middle East and Africa, and may fuel growing…
Colombia’s February inflation an unpleasant surprise – central bank official
BOGOTA – Colombia’s February inflation data was a surprise for everyone, including central bank co-director Roberto Steiner, the official said on Wednesday, one of seven people who sits on the monetary authority’s…
Third Founder Of Cryptocurrency Exchange Pleads Guilty To Bank Secrecy Act Violations
Damian Williams, the United States Attorney for the Southern District of New York, announced that SAMUEL REED, one of three co-founders and a high-ranking executive of purportedly “off-shore” cryptocurrency derivatives exchange the…
Assumption Parish Man Pleads Guilty to Bank Fraud
NEW ORLEANS, LOUISIANA – United States Attorney Duane A. Evans announced that RODNEY ROUSSELL (“ROUSSELL”), age 40, of Belle Rose, Louisiana, pled guilty today to bank fraud, in violation of Title 18,…
World Bank official says war-driven oil price hikes to slash growth for big importers
WASHINGTON – Persistent high oil prices prompted by Russia’s invasion of Ukraine could cut a full percentage point off the growth off large oil-importing developing economies like China, Indonesia, South Africa and…
San Antonio Man Sentenced for Bank Fraud
SAN ANTONIO – A San Antonio man was sentenced today to 30 months in prison for stealing mail and cashing fraudulent checks. According to court documents, Zachary Wayne Crowell, 35, was part…
Sherwood Woman Sentenced to 96 Months in Prison for Bank Fraud and Stealing from Social Security
LITTLE ROCK—A Sherwood woman was sentenced today for bank fraud and theft of government funds. Kelli Hogue, formerly known as Kelli Cashion, 59, was sentenced to 96 months in federal prison…
Russia’s central bank offers crisis support to finance firms
LONDON – Russia’s central bank announced on Tuesday a series of steps to help financial market players such as private pension funds and management companies cope with the current “crisis situation,” including…
Japan bank lending growth slows to decade-low as pandemic-induced strain eases
By Leika Kihara TOKYO -Japan’s bank lending rose at the slowest increase in a decade in February as immediate pressure for corporates to borrow cash continued to ease amid a broader economic…
Pennsylvania Man Sentenced to Federal Prison for Bank Robbery in Eastern North Carolina
WILMINGTON, N.C. – A Harrisburg, Pennsylvania man was sentenced today to 40 months in prison and three years of supervised release for robbing a bank in Ayden, North Carolina. On December 7,…
Fayetteville Woman Detained on Bank Fraud and Aggravated Identity Theft Charges
RALEIGH, N.C. – A Fayetteville woman was captured and arrested by the U.S. Marshals Fugitive Task Force for bank fraud and aggravated identity theft charges on Monday, February 28, 2022. According to…
Exclusive-Inter-American Development Bank will divest Russian assets, source says
WASHINGTON – The Inter-American Development Bank plans to divest Russian holdings in its pension plans and remove Russia’s ability to observe the bank’s annual meetings, a source familiar the matter said. The…
New York Man Sentenced to Four Years in Prison for Role in Bank Fraud
CAMDEN, N.J. – A Bronx, New York, man was sentenced today to 48 months in prison for his role in a scheme to steal bank customer identities and then use the information…
Brexit fallout on finance will take years, says Bank of England
By Huw Jones LONDON – It will be years before the full impact of Brexit on Britain’s financial sector is fully known as more activity could leave London for the bloc or…
Citi plans 900 hires for commercial bank over next three years
– Citigroup Inc said on Monday its unit Citi Commercial Bank (CCB) will hire 900 staffers, including 400 commercial bankers, over the next three years in a bid to fast-track its growth.…
M&T Bank Corporation Receives Regulatory Approval from the Board of Governors of the Federal Reserve System for People’s United Merger
BUFFALO, N.Y., March 4, 2022 — M&T Bank Corporation (NYSE: MTB) (“M&T”) announced today receipt of regulatory approval from the Board of Governors of the Federal Reserve System to complete the previously announced…
Swiss National Bank renews pledge to stem franc’s rise in rare comment
By John Revill ZURICH – The Swiss National Bank repeated on Monday its pledge to intervene on the currency markets to curb a rise in the franc after safe-haven inflows driven by…
Jefferson Parish Man Sentenced For 3 Bank Robberies
NEW ORLEANS – ZACHARY VERDIN, age 29, a resident of Marrero, was sentenced this week by United States District Judge Susie Morgan, announced U.S. Attorney Duane A. Evans. VERDIN was sentenced on…
Armed Bank Robber Sentenced to Over 12 Years in Prison
PHOENIX, Ariz. – Jeffrey Patterson, 46, of Phoenix, Arizona, was sentenced today by U.S. District Judge Steven P. Logan to 155 months in prison, followed by 3 years of supervised release. Patterson…
Berwick Bank Officer Charged With False Loan Applications
SCRANTON – The United States Attorney’s Office for the Middle District of Pennsylvania announced today that Matthew W. Mensinger, age 48, of Berwick, Pennsylvania, was charged in a criminal information with aiding…
Congress Demands Answers From CCP-Friendly HSBC Bank
Congress Demands Answers From CCP-Friendly HSBC Bank Philip Lenczycki on March 4, 2022 Following the 2019-2020 Hong Kong protests, former CEO of HSBC Asia, Peter Tung-shun Wong, supported the National Security Law,…
Russia faces lasting consequences from Ukraine war, World Bank chief says
By David Lawder and Andrea Shalal WASHINGTON -Russia’s war in Ukraine has “horrified” the World Bank’s shareholders and will have lasting consequences for Russian President Vladimir Putin and Russia’s standing on the…
Intesa opening Pravex bank branches in Ukraine when safe to do so
MILAN – Italy’s biggest bank Intesa Sanpaolo said it was determined to support customers of its Ukrainian subsidiary Pravex Bank and was opening branches in the country to provide essential services whenever…
Sri Lanka central bank hikes rates to tame inflation; urges govt to act
By Uditha Jayasinghe and Swati Bhat COLOMBO – Sri Lanka’s central bank sharply raised interest rates on Friday to staunch growing inflationary pressures and urged the government to consider measures including curbing…
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