Browsing: approval

Key insight: Brazil’s Nubank received conditional approval from the Office of the Comptroller of the Currency to enter the U.S. digital banking market.What’s at stake: The…

Key insight: Inter&Co now has a license to open a virtual bank branch at its headquarters in Miami.What’s at stake: Inter is the latest of several…

Conditional approval of a national bank charter used to be a virtual guarantee that an institution would open its doors. But the OCC’s recent treatment of…

Key insight: Learn how an IFE charter enables fintechs to expand U.S. banking services through Puerto Rico.Expert quote: Klaros partner Michele Alt says an IFE avoids…

Key insight: One day after the Federal Reserve approved the merger, the companies said that they expect the deal to close on the first day of…

InterRent Real Estate Investment Trust says it has received Investment Canada Act approval for its deal to be acquired by a group including executive chair Mike…

Federal Reserve Gov. Lisa Cook.Bloomberg News (Bloomberg) — President Donald Trump on Sunday made a final push to sway a U.S. appeals court to let him…

Setting an artificial deadline for approving bank mergers will result in hasty, ill-considered decisions. The potential damage to consumers and communities far outweighs the possible benefits,…

Capital One secured approvals from banking regulators Friday for its $35 billion acquisition of Discover Financial — a deal that analysts believe could have far-reaching benefits…

Shareholders in Capital One Financial and Discover Financial Services voted nearly unanimously Tuesday in favor of the combination of the companies, which would create the largest…