Browsing: approval

Getting a personal loan is a straightforward, easy process. Simply pick a lender, fill out the application and wait for your approval. But approval and rates…

Key insight: Coinbase got conditional approval from the OCC to establish a trust bank subsidiary for assessing institutional money.What’s at stake: Bank trade groups have expressed…

From left: Brian Carlin, CEO of UBS Bank USA, and Rob Karofsky, co-president of UBS global wealth management and president of the Americas, being interviewed on…

Key Insight: Fed Vice Chair for Supervision Michelle Bowman said that Kraken’s limited purpose account is a test case to see how it performs.Expert Quote: “The…

Key insight: SEC and FINRA granted the necessary approvals for WisdomTree to launch 24/7 trading and settlement for its tokenized money market fund.Expert quote: “The fact…

Key insight: Crypto.com’s parent company Foris DAX received conditional approval from the OCC to operate a national trust bank for cryptocurrency.Expert quote: Pitchbook analyst Rudy Yang…

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…

Key insight: Fifth Third and Comerica’s shareholders both blessed the companies’ proposed merger, but the two banks are still embroiled in a legal battle with an…

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…