Two different fintech startups recently applied for new bank charters in hopes of creating new online-only banking institutions. Social Finance Inc, the online lender known as SoFi, applied for a new industrial loan charter with the FDIC in June. While the company listed Salt Lake City, UT as its depositary address, their application clearly stated ...
June was a busy month for several banks in the Denver area. Last month two different mergers were officially completed. Aurora-based Citywide Banks merged with Denver-based Centennial Bank and Trust. These institutions are now operating under the Citywide Banks name. For more details about this merger click here. The second merger took place between Kansas-based ...
Recently, a major technology giant announced that it was curtailing the ability to work from home for the thousands of employees who found the practice a key advantage of their job. The company has been a leader in terms of letting employees work from home; about 40 percent of its nearly 400,000 employees worldwide did ...
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