A wave of new banks is about to shake up a normally staid industry

T1Covered by 1 source · first reported by American Banker (headlines) at 21 Oct, 11:30 UTC

A spike in bank charter applications from organizations with nontraditional business models is about to shake up a typically boring industry. One common thread appears to be a desire to avoid direct regulation by the Federal Reserve.

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Sources

• T1A wave of new banks is about to shake up a normally staid industryAmerican Banker (headlines)21 Oct, 11:30