April 24, 2014 |
Six months after changing its name from Sovereign Bank to Santander Bank, after its Spanish parent, the Boston-based bank is opening two new branches in Philadelphia, one near Rittenhouse Square and the other in University City, bank officials will announce Wednesday. The branches are to open this summer and are a sign that Santander is expanding its branch-banking presence in the region after trimming 10 branches during the financial crisis. "There's no substitute for small-business owners and for consumers being able to walk into a branch and meet face-to-face with an experienced, professional banker," said Jonathan Roberts, Santander's regional president for Southeastern Pennsylvania, Central New Jersey, and Delaware.
April 4, 2014 |
This story has been updated. A WEST PHILLY couple is accused of kidnapping an elderly woman and draining her bank account Monday, police said. And it may not be the first time they've allegedly preyed on such a victim. Vickson Korlewala, 57, and Lorpu Korlewala, 51, were arrested today and charged with robbery, kidnapping and related offenses after the victim, 80, identified them to detectives from the Southwest Detective Division, a police source said. The pair denied their involvement in the kidnapping.
December 15, 2013 |
CAMDEN Citing missed payments, a bank that helped finance the development of Campbell's Field, where the Camden Riversharks play, is suing to recover $4.6 million in loans. Santander Bank, a Wilmington-based entity formerly known as Sovereign Bank, filed the suit in federal court in Camden on Dec. 4. The bank is asking for a judgment against CFDA Baseball Property Inc., the Cooper's Ferry Partnership subsidiary that took the loans out to build the stadium. It is asking for the same judgment against Camden Baseball L.L.C., owner of the Riversharks, as the guarantor of the loans.
August 14, 2013 |
Ten times in February, Tarik Hooks walked into area banks with plans to rob them. He succeeded six times. The others, not so much. Even as FBI agents scrambled to put a name to the guy they saw on surveillance video, Hooks was being scared off by bank employees who were less than responsive to his demands, court filings show. Two tellers complained that they could not read his handwritten notes. Hooks abandoned a third stickup when he was told he had to show ID to get the money, according to the records, an FBI affidavit, and a prosecutor's memo.
August 14, 2013 |
Bryn Mawr Trust Co. , which has been trying to expand its status as the biggest bank still based in the Philadelphia suburbs, has canceled its $33 million plan to buy MidCoast Bank and its Delaware branches after MidCoast chief executive James A. Ladio abruptly left. Bryn Mawr CEO Ted Peters had named Ladio to run the banks' combined Delaware operations. The two had been meeting with local clients and Delaware potentates in advance of the merger. Did Ladio's departure spoil the deal?
July 29, 2013 |
Irma Shapiro clearly has bigger things to complain about than a credit-card bill, including an annus horribilis that could make a queen of England shudder. An artist, she lost many of her paintings and a lifetime's worth of belongings last year when an electrical fire destroyed her Bala Cynwyd home. Then she lost her sister, her only sibling. Two months later, her nephew died. But sometimes, it's the small stuff that rankles - especially when you suspect a larger pattern.
July 25, 2013 |
A Philadelphia man has been arrested in connection with multiple bank robberies in the city and Montgomery County, officials announced. Demetrious Washington, 26, allegedly robbed six banks starting in mid-May. He carried a silver revolver during the heists, according to a release issued by the Montgomery County district attorney's office. On Monday police stopped Washington, who was driving a Ford Taurus and circling a Sovereign Bank in Cheltenham. The bank had been robbed twice before.
July 14, 2013
POLICE IN Montgomery County and the FBI are on the hunt for a suspected serial bank robber who they say struck again at a Rockledge Wells Fargo branch Wednesday morning. The suspect, whom authorities describe as a black or Hispanic man with a dark complexion, 5 feet 2 to 5 feet 6 and thin, went into the bank on Huntingdon Pike near Elm Avenue shortly after 10 a.m. Wednesday and brandished a silver handgun, announcing a robbery, police said. He then demanded money from a teller and fled, hopping a fence and running westbound through neighbors' back yards.
April 4, 2013 |
Two Camden men were killed in unrelated shootings Tuesday night, authorities said Wednesday. Quenzell Morris, 31, was shot several times in an apparent robbery shortly after 8 p.m. at the intersection of North 26th and Cramer Streets in the Cramer Hill section, the Camden County Prosecutor's Office and city police said. An 18-year Camden resident who was with Morris was pistol-whipped. He fled but returned to find Morris shot and helped transport Morris to Cooper University Medical Center.
March 16, 2013
A federal judge handed down a 131/2-year sentence for a Pennsauken man who, while on release after robbing a bank, robbed three more. Richard B. Jones, 38, pleaded guilty to robbing a Sovereign Bank in Pennsauken on Nov. 28, 2011. He also admitted robbing the same bank and a PNC Bank, also in Pennsauken, that month. Jones was on federal supervised release at that time for a Rhode Island bank robbery he committed in 2006. Jones was sentenced to 151 months in prison for the new robberies and 24 months for violating release.