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Wise tumbles after US declines national trust bank application
July 24 : London-listed shares of Wise fell 10 per cent on Friday after the money transfer group said its application to create a national trust bank in the United States was denied by regulators, amid major changes in financial policy.The U.S. Office of the Comptroller of the Currency denied Wise's applicati
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forbes.com
Wise Suffers Setback In U.S. Expansion As Regulator Denies Bank License
Wise's ambitions to deepen its presence in the U.S. suffered a setback after regulators rejected the fintech's application to become a national trust bank.
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cityam.com
Wise denied US banking licence in blow to expansion plans
Wise has been denied a US banking licence, just months after it switched its primary stock market listing to New York.
