Chime Financial Agrees to Acquire Stride Bank for $590 Million
Digital banking platform Chime has agreed to purchase nationally chartered Stride Bank in a $590 million cash deal. The acquisition aims to provide Chime with full banking charter status, leading to a jump in its stock price.
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Chime to buy nationally chartered Stride Bank for $590 million, shares jump - Reuters
Chime to buy nationally chartered Stride Bank for $590 million, shares jump Reuters
Read full article →Chime to Buy Stride Bank for $590 Million - barrons.com
Chime to Buy Stride Bank for $590 Million barrons.com
Read full article →Chime Financial to buy Stride in $590M cash deal, raises earnings guidance; shares up
Read full article →Chime Financial stock rises on $590M Stride Bank acquisition
By Investing.com
Read full article →Consumer Credit Smashes Estimates As Credit Card Debt Hits New All-Time High
Consumer Credit Smashes Estimates As Credit Card Debt Hits New All-Time High The relevering of the US consumer continues: one month after the June consumer credit number came higher than estimates (and followed the unexpected May contreaction in US credit), in July consumer credit came in even higher than expected, with the Fed reporting in its latest G.19 report that in July, US consumer credit rose by a whopping $18.1BN - more than the $14.6 billion in June - and far above the...
By Tyler Durden
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