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0.00223684210526318 0.00276315789473695 0.0056578947368422 0.0302631578947368 0.0273684210526316 0.0277631578947368 0.0264473684210527 0.0113157894736842
Stock impact report

PayPal's Big Banking Play: Can Trump's Deregulated Wall Street Make It Happen? [Yahoo! Finance]

Circle Internet Group, Inc. Class A (CRCL) 
Company Research Source: Yahoo! Finance
U.S. financial system, submitting applications to become a bank as regulatory attitudes toward fintech entrants have shifted under President Donald Trump. The company said it filed with the Federal Deposit Insurance Corp. and the Utah Department of Financial Institutions to establish a Utah-chartered industrial loan company, to be known as PayPal Bank. If approved, the structure could enhance PayPal's ability to extend credit, building on more than $30 billion in loans and capital the company says it has helped provide to businesses since 2013. Warning! GuruFocus has detected 4 Warning Sign with PYPL. Is PYPL fairly valued? Test your thesis with our free DCF calculator. Chief executive Alex Chriss said that access to capital continues to be a major challenge for small businesses seeking to grow, and that forming PayPal Bank could strengthen the company's operations while improving efficiency. Management indicated the move is aimed at supporting small-business lending more effect Show less Read more
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