Bank News: BitGo, M&A, charter update, MoneyLion, Old Glory, SVB, & CFPB changes!
Bank News: BitGo acquired NYDIG’s trading business. Equity Bancshares to acquire Lincoln Savings Bank for $123.8 million. FNBO to acquire InBankshares Corp for an amount up to $204 million. Bank7 wins auction to purchase 71% of Century Financial. TabaPay is seeking to attain a bank charter by purchasing Transact Bank. UK neobank Revolut receives conditional bank charter from the OCC. Zerohash reapplies for OCC trust bank charter. OpenReserve received conditional approval for a national bank charter from the OCC. Old Glory Bank revisits capital raise and IPO after SPAC deal fails. Farmers &…
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