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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRyan: Banks make money on the shape of the yield curve. That benefits banks. James Ryan, Old National Bancorp's CEO, discusses rising capital requirements, interest rate pressures, and how Old National Bank is insulated from real estate risks
Persons: Banks, James Ryan Organizations: National, National Bank
Andy Beshear and GOP Attorney General Daniel Cameron staked out their stands on gun policy during a recent debate in Louisville. Statewide politicians tread cautiously on gun issues in the Bluegrass State, where support for gun rights is seen as “almost the third rail of Kentucky politics," said longtime political commentator Al Cross. Political Cartoons View All 1223 ImagesDuring the recent televised debate, Beshear and Cameron declared their support for the Second Amendment. Law enforcement officials had received numerous complaints about the gunman’s threatening statements. A Kentucky law sends guns confiscated by police to auction, with the proceeds used to buy law enforcement equipment.
Persons: Andy Beshear, Daniel Cameron, Muhammad Ali, Breonna Taylor, David McAtee, Tommy Elliott, Beshear, Al Cross, Cameron, ” Beshear, I’ve, ” Cameron, , , Marjory Stoneman, ” Cameron nudged, Craig Greenberg, Greenberg, Cameron sidestepped, Dylan Lovan Organizations: Democratic, Republican, Gov, GOP, Bank, Bluegrass State, Old National Bank, Kentucky's Republican, Marjory Stoneman Douglas High School, Police, Louisville, Associated Locations: LOUISVILLE, Ky, Louisville, Kentucky's, Kentucky, Maine, Florida, Parkland
What does Moody’s downgrade mean for markets?
  + stars: | 2023-08-09 | by ( Krystal Hur | ) edition.cnn.com   time to read: +5 min
CNN —Moody’s on Monday evening downgraded 10 US banks and put the credit ratings of six others on review, an indication that the agency could also eventually downgrade those institutions. Some investors say that while the Moody’s downgrade isn’t groundbreaking, it’s a reminder that the economy, and markets, still have challenges ahead. Moody’s downgraded Commerce Bank, BOK Financial, M&T Bank, Old National Bank, Prosperity Bank, Amarillo National Bank, Webster Financial, Fulton Financial, Pinnacle Financial and Associated Bank. Wall Street firms fined $549 million for using WhatsApp and other channelsWells Fargo is among a number of Wall Street firms that admitted Tuesday to using WhatsApp, Signal and other messaging platforms for “off-channel” communications in violation of federal recordkeeping requirements. The Securities and Exchange Commission said the Wall Street firms acknowledged wrongdoing and have agreed to pay penalties totaling $289 million, reports my colleague Matt Egan.
Persons: CNN — Moody’s, JPMorgan Chase, Wells, Goldman Sachs, BNY, Cullen, Frost, ” Moody’s, , Kara Murphy, Fitch, Christopher Marinac, Janney Montgomery Scott, Price, Matt Egan, Houlihan Lokey, Alicia Wallace Organizations: CNN Business, Bell, CNN, Bank, Dow Jones, Nasdaq, JPMorgan, Banking, BNY Mellon, Northern Trust, Frost Bankers, Truist Financial, US Bank, Moody’s, Commerce Bank, BOK, T Bank, National Bank, Prosperity Bank, Amarillo National Bank, Webster Financial, Fulton Financial, Pinnacle Financial, Associated Bank, PNC Financial Services, Financial, Citizens Financial, Fifth Third Bank, Huntington Bank, Regions Financial, Cadence Bank, FNB Corp, Simmons, Ally Financial, Bank OZK, Valley Bank, Signature Bank, Federal Reserve, Kestra Investment Management, Consumer, Wall Street, Securities, Exchange Commission, SEC, BNP, SG Americas, BMO Capital Markets, Mizuho Securities, SMBC Nikko Securities, Federal Reserve Bank of New Locations: Wells Fargo, Amarillo, Marinac, Wells, SMBC Nikko Securities America, WhatsApp, Federal Reserve Bank of New York, York
Pete Palmer, who represents the family of shooter Connor Sturgeon, has not responded to CNN’s request for comment. Sturgeon was killed by police shortly after he fatally shot the five bank employees and then fired at police, wounding Officer Nickolas Wilt. After the shooting, Sturgeon’s family told CNN affiliate WDRB it knew the 25-year-old struggled with depression, but saw no signs he was planning or capable of deadly violence. The shooter’s brain will be examined for signs of chronic traumatic encephalopathy, commonly known as CTE, his father has told CNN. Hear 911 audio from Louisville bank shooter's mother 01:32 - Source: CNN“He’s never hurt anyone,” the mother said.
[1/2] Police deploy at the scene of a mass shooting outside an Old National Bank branch near Slugger Field baseball stadium in downtown Louisville, Kentucky, U.S. April, 10, 2023. Police identified the shooter in Louisville as Connor Sturgeon, who was employed at the Old National Bank's downtown branch at the time of the shooting. Monday's shooting brought the number of people killed by gun violence in Louisville to 40 in 2023 so far, Louisville Mayor Craig Greenberg said in his remarks at the vigil. The nonprofit group defines a mass shooting as four or more shot or killed, not including the shooter. While mass shootings have become commonplace in the U.S., the shooting stunned the Tennessee city and the country.
April 12 (Reuters) - Louisville will hold a vigil on Wednesday for those who were killed and wounded in this week's shooting at a downtown bank by an employee who his family said suffered from mental health issues they had been "actively addressing" before his rampage. In a statement released to a TV station in the Kentucky city, the family said there were "never any warning signs or indications he was capable" of carrying out a mass shooting. The station, Fox-affiliated WDRB, provided the statement on its website after receiving it from an attorney for the family on Tuesday evening. The nonprofit group defines a mass shooting as four or more shot or killed, not including the shooter. Police identified the shooter in Louisville as Connor Sturgeon, who was employed at the Old National Bank's downtown branch at the time of the shooting.
April 10 (Reuters) - The four people shot dead in a shooting on Monday in downtown Louisville, Kentucky, were all colleagues of the suspect who gunned them down, and two of them were close friends of Kentucky Governor Andy Beshear. Elliott was a senior vice president of Old National Bank whose downtown branch in Louisville was the site of Monday's assault. "He helped me become governor," Beshear said, while describing Elliott as "an incredible friend." Police deploy at the scene of a mass shooting outside an Old National Bank branch near Slugger Field baseball stadium in downtown Louisville, Kentucky, U.S. April, 10, 2023. Barrick's LinkedIn profile showed he was the senior vice president of commercial real estate banking at Old National Bank and had been with the firm for less than a year.
Louisville shooter legally purchased rifle -police
  + stars: | 2023-04-11 | by ( ) www.reuters.com   time to read: +2 min
[1/4] Community members attend a vigil at Crescent Hill Presbyterian Church following a mass shooting at Old National Bank in downtown Louisville, Kentucky, U.S. April, 10, 2023. REUTERS/Jeffrey DeanApril 11 (Reuters) - The 23-year-old bank employee who shot dead five colleagues and wounded nine other people at his workplace in Louisville on Monday legally purchased the rifle, Louisville Police Chief Jacquelyn Gwinn-Villaroel told reporters at a news conference on Tuesday. Louisville police responded within minutes to reports of an attacker on Monday morning at the bank office near Slugger Field baseball stadium. Sturgeon grew up in southern Indiana, just north of Louisville, according to his mother's Facebook page. Those statistics use the definition of four or more shot or killed, not including the shooter - according to the nonprofit Gun Violence Archive.
The body camera footage opens with an image of the console of the police cruiser as it pulls up to the downtown building. The steering wheel veers wildly from side to side as rookie officer Nickolas Wilt drives the car and his partner, Cory Galloway, shouts directions off camera. After more gunfire, Galloway - who is himself injured - hits the gunman, 25-year-old Connor Sturgeon, from his position out on the steps. "Suspect down," Galloway shouts as he walks into the building. "What you saw on that video was absolutely amazing," Humphrey said after displaying the body camera video from both officers as well as a bystander.
[1/3] Louisville Metro Police deploy for an "active police situation" that includes mass casualties near Slugger Field in Louisville, Kentucky, U.S. April 10, 2023. Michael Clevenger/USA Today Network via REUTERSApril 10 (Reuters) - Five people were dead and six others were wounded after a shooting attack on Monday at a bank in downtown Louisville, Kentucky, the city's police department said. A short while after confirming the attack, police said the shooter was dead, without giving further details. "We do not know exactly the circumstance of his death at this time," Paul Humphrey, a Louisville Metro Police Department deputy chief, told reporters. Kentucky Governor Andy Beshear said he was headed to Louisville in response to the shooting.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExclusive: Old National Bank CEO on the SVB fallout's impact on regional banksOld National Bank CEO Jim Ryan discusses how his bank is doing in the wake of the Silicon Valley Bank collapse.
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