An increased number of banks are swapping their own regulators for oversight by the Office of the Comptroller of the Currency (OCC), The Wall Street Journal reported on Tuesday (Sept. 17). U.S. financial institutions can choose either state or federal oversight, although it is more...
Robinhood Markets, the operator of a free mobile trading app, is close to garnering a valuation of $7 billion or more. CNBC, citing two people familiar with the deal, reported Robinhood has raised a minimum of $200 million in a recent late-stage fundraising round that...
September 20, 2022
The Bancorp Bank is dropping its Delaware charter to become a national bank and is now regulated by the Office of the Comptroller of the Currency (OCC) as the financial services firm relocates its headquarters from Wilmington, Delaware to Sioux Falls, South Dakota. President and CEO Damian Kozlowski said in a press release on Tuesday […]
September 17, 2019
An increased number of banks are swapping their own regulators for oversight by the Office of the Comptroller of the Currency (OCC), The Wall Street Journal reported on Tuesday (Sept....
May 29, 2019
Robinhood Markets, the operator of a free mobile trading app, is close to garnering a valuation of $7 billion or more. CNBC, citing two people familiar with the deal, reported...
