A national trust bank charter would allow direct oversight of digital assets
Seeks to position itself as a top ten retail and commercial bank in the U.S. by assets
The digital bank has received OCC approval, which supports its international expansion plans
The $5.15bn deal aims to strengthen corporate cards, expenses, and real-time payments offering
The digital bank has pivoted to pursuing its own American banking license
The $20bn deal near-completes Goldman Sachs’ exit from consumer lending
JPMorgan Chase posted impressive numbers yesterday
Bank mergers and acquisitions are reaching record levels
The combined bank will now operate in over 400 locations across nine states
The deal is set to close on January 5, 2026
