Hostage situation at bank building in California ends after suspect shot dead
The suspect was pronounced dead at the scene early Wednesday morning, the Bakersfield Police Department said.
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The suspect was pronounced dead at the scene early Wednesday morning, the Bakersfield Police Department said.
All hostages are safe and a suspect is dead after an hourslong standoff at a bank in California, police said on Wednesday. CBS News correspondent Carter Evans has the details.
The FBI shot and killed a person suspected of holding people hostage at a bank in Bakersfield, California, police said, adding that all hostages are safe. CBS News' Jonathan Vigliotti has the latest.
Police say a suspect has taken at least one hostage at a Chase Bank in Bakersfield, California. CBS News correspondent Carter Evans has the latest.
ATM fees for out-of-network cash withdrawals average $4.86 nationwide — the highest on record, according to aBankrate survey.
Officials say they believe everyone is now accounted for after a powerful explosion happened at a building with a bank on the ground floor and apartments above in Youngstown, Ohio, on Tuesday. Multiple people were injured in the explosion, and police say they recovered the body of a missing man.
"Their job is to protect our investments," said one man whose bank account was drained of $15,000. "Otherwise, what's the point of putting it with a bank?"
With Veterans Day falling on a Saturday this year, some banks weren't open on Friday and others will be closed on Saturday in observance of the federal holiday that honors Americans who served in the military.
A small business owner lost her life's savings when scammers pretending to be Chase bank employees defrauded her out of $160,000. Chase refused to refund any of her money, saying she did not take appropriate steps to protect her account. Experts say the bank should adopt stricter security measures to protect customers. Anna Werner reports.
The growing trend led to a staggering $8.8 billion in losses last year, according to government data.
Shares of Los Angeles lender PacWest Bancorp fell 28% as spooked investors bail from regional banks.
The regional lender, whose collapse is the second-biggest bank failure in U.S. history, is the third bank to be seized by regulators since March.
Several major banks are seeing growth with the release of their first quarter earnings. The positive news comes a month after the collapse of Silicon Valley bank and Signature Bank. Jacob Sonenshine is a markets reporter at Barron's. He joins CBS News for more.
A large storm system draped across the eastern two-thirds of the U.S. has claimed the lives of several people as severe storms and flooding affected areas from Texas up to the Midwest; and, after defecting from Cuba to the U.S., 21-year-old Josue Justiz has become the Washington Ballet's newest rising star
El Paso suspect claims he was targeting Mexicans in deadly massacre; Cleveland auto mechanic fulfills lifelong dream to become a doctor.
El Paso suspect said he targeted Mexicans; Auto mechanic turns life dream into reality.
Banks say they won't have the money until Wednesday, although the IRS began sending the funds over the weekend.
Target stores offered customers a 10 percent discount in effort to temper some of the backlash caused by the massive data breach that resulted in 40 million customers having their credit card information stolen. Meanwhile, Chase Bank informed about 2 million affected customers it would temporarily limit ATM withdrawals. Terrell Brown reports.
How about a credit card company telling customers their debts are wiped clean? Chase bank is getting out of the credit card business so Thursday night, it said it's ripping up customers' bills and wiping their debts clean.
Bank says chief executive is recovering after procedure to repair blood leak in his aorta.
"We don't want people to rule themselves out because they don't think they can get a job here," bank exec says
Banking giant agrees to pay $5 million to male employees denied additional paid time off as primary caregivers
Jamie Dimon, the CEO of the nation's largest bank, is also making a major investment in the nation's capital
Donald Trump vows to repeal the law that created the Consumer Financial Protection Bureau. Here's why that's a huge mistake
If you live in a major U.S. city, opening a checking account can get you up to $400. There are strings attached, of course