18-09-2017 22:59 via housingwire.com

Will sexual harassment claims cost SoFi its FDIC bank charter?

Shortly before the sexual harassment claims at SoFi overtook news headlines, the company filed a bank charter application with the Federal Deposit Insurance Corporation. Chances were already low though that SoFi would be approved for a bank charter, and the controversy surrounding SoFi only increases the likelihood that the company will be denied.
Read more »