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Wise Shares Tumble as US Regulator Denies Banking Licence Application

Covered by 2 sources · 2 articles

2 outlets - including Wsj and Financemagnates - are covering this story. Wise’s shares fell by 9% on Friday morning after the US Office of the Comptroller of the Currency (OCC) rejected its application for a national trust bank charter, delivering a severe setback to the cross-border payments firm in its primary…

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Yahoo Finance News Jul 24, 10:21 UTC

Wise Group Shares Drop After U.S. Regulator Denies License on Shortcomings

Finance Magnates Jul 24, 09:07 UTC

Wise Shares Tumble as US Regulator Denies Banking Licence Application

Wise’s shares fell by 9% on Friday morning after the US Office of the Comptroller of the Currency (OCC) rejected its application for a national trust bank charter, delivering a severe setback to the cross-border payments firm in its primary…