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Evening Standard
Evening Standard
Business
Anna Wise

Wise denied US banking licence after shifting main stock market listing

WISE United States Stock Market London
Fintech firm Wise’s European business is based in Belgium (Alamy/PA) -

Wise said it has been denied a US banking licence in a setback to the payments firm months after moving its main stock market listing across the pond.

The London-based business had applied for a national bank charter in the hope of being able to operate under the regulation of the Office of the Comptroller of the Currency (OCC).

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