Bank News: PayPal sale, OppFi and Enova in trouble, Pitt De Novo, and unauthorized workers!
Bank News: Stripe and Advent have teamed up and put in an offer to purchase PayPal. First Bancorp of NC is purchasing First Carolina Bancshares Corp of SC for $166MM. First Hawaiian is purchasing Tri Counties Bank of CA for $2B. New de novo bank named Sagehaven Bancorp to form in Pittsburgh. Regulators issue guidance to banks on unauthorized workers. Jamie Dimon: Lake chose to retire. CFPB is working with union on future staff-cut plan. Bank of America chatbot Erica continues to grow. Custodia continues to plead their case for Fed master account. Citizens Bank to close 100 in-store branches…
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