Enova has withdrawn its applications to acquire Grasshopper Bancorp, citing political pressure and unclear regulatory standards for nonbanks becoming banks. The decision follows opposition from 20 state attorneys general concerned about companies using bank partnerships to bypass state interest-rate limits. Enova's CEO emphasized the need for clearer guidelines and affirmed the company's commitment to serving underserved consumers without becoming a bank. The company also reaffirmed its 2026 growth outlook despite the acquisition setback.
Enova's decision to scrap its acquisition of Grasshopper Bank comes amid broader financial market activity. For readers following the financial sector, here is Pluang's market snapshot as of Sep 16, 2026 01:02 WIB: out of 74 priced Financials-sector US stocks, 13 rose and 59 fell. Notable movers include Deutsche Bank AG (DB) at USD 38.55, down 2.08%, Nasdaq Inc (NDAQ) at USD 89.68, down 2.06%, and Morgan Stanley (MS) at USD 202.50, down 1.98%.
Flutter Entertainment, a leading online sports betting and iGaming operator, will release its third quarter 2026 update on November 4 before the US market opens. The company will host a conference call at 8:30 a.m. ET the same day to discuss the resu...
iPower Inc. declared a 1-for-12 reverse stock split effective October 26, 2026, combining every 12 shares into one to increase the stock price. This move aims to keep iPower's shares compliant with Nasdaq's minimum bid price requirements. Post-split,...
U.S. Global Investors has listed its actively managed U.S. Global Technology and Aerospace & Defense ETF (WAR) on Peru's Lima Stock Exchange, marking the first availability of this ETF outside the U.S. This move gives Peruvian investors access to a f...
Alignment Health Plan will launch a new Medicare Advantage plan in Pima County starting January 1, 2027, increasing access to affordable, coordinated healthcare for nearly 1.1 million Medicare beneficiaries across Maricopa, Pima, and Santa Cruz count...
The global Urban Air Mobility (UAM) market is projected to grow from $2.16 billion in 2026 to $16.27 billion by 2035, at a CAGR of 20.9%. This growth is fueled by rising urbanization, traffic congestion, and advances in electric vertical takeoff and ...
