NYSE:NUBanks
Is OCC Approval For Nubank N.A. Altering The Investment Case For Nu Holdings (NU)?
Nu Holdings recently received conditional approval from the U.S. Office of the Comptroller of the Currency to form a de novo national bank, Nubank, N.A., which will be chaired by former Brazilian central bank president Roberto Campos Neto and led in the U.S. by co-founder Cristina Junqueira.
This move signals Nu’s intent to build a fully regulated banking presence in the U.S., extending its digital-first Latin American model into one of the world’s most competitive financial markets.
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