Nubank gets conditional OCC approval for charter

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Dive Brief: Brazilian digital challenger Nubank has received conditional approval from the Office of the Comptroller of the Currency to establish a U.S. national bank, the company said Thursday. While the company enters the organization phase and awaits approval from the Federal Deposit Insurance Corp. and the Federal Reserve, Nubank “will focus on fully capitaliz ...