Your email has been successfully added to our mailing list.

×
-0.000451263537906047 -0.000451263537906047 0.00406137184115523 0.00293321299638995 -0.0162454873646209 -0.00767148014440425 -0.00744584837545123 -0.0162454873646209
Stock impact report

U.S. regulator proposes path for non-banks to gain deposit license [Reuters]

Block, Inc. Class A, (SQ) 
Last block, inc. class a, earnings: 2/26 04:05 pm Check Earnings Report
US:NYSE Investor Relations: squareup.com/about/investors
Company Research Source: Reuters
U.S. regulator proposes path for non-banks to gain deposit license WASHINGTON (Reuters) - A U.S. banking regulator proposed a set of standards Tuesday for how it would consider special charters to allow non-banks to accept deposits and engage in other limited banking activities. The proposal from the Federal Deposit Insurance Corporation would lay out in detail the regulator’s vision for new “industrial loan charter” (ILC) banks, which are companies that are chartered by states, can provide limited banking services and receive FDIC guarantees for their deposits. The proposed rule would codify what the FDIC had effectively already applied to existing ILCs through contracts and supervision, according to a senior agency official, and is aimed at assuaging concerns from traditional banks that the firms are too lightly regulated. Such ILCs had been effectively put on hold by the agency for over a decade amid opposition from banks wary of other companies competing on their turf without the Show less Read more
Impact Snapshot
Event Time:
SQ
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
SQ alerts

from News Quantified
Opt-in for
SQ alerts

from News Quantified