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Robinhood Pulls Bank Charter Application

By
Carleton English
· · Source: CNBC

Perhaps banking should be left to the bankers. At least that’s the lesson Robinhood is learning. The company behind the popular stock-trading app pulled its bank charter application with the Office of the Comptroller of the Currency, CNBC reported Wednesday. The move comes after the company fumbled in other attempts to diversify its financial offerings for customers. Last year, it tried to...

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