Enova Scraps Grasshopper Bank Acquisition After Pressure From State AGs

Online financial services company Enova has withdrawn its bank regulatory applications related to the proposed acquisition of Grasshopper Bancorp , saying in a Monday (Sept. 14) press release that the process is “susceptible to political pressure and outside advocacy.” Enova withdrew its applications with the Office of the Comptroller of the Currency (OCC) and the Federal Reserve Board of Governors , according to the release. The company said in the release that throughout the process, it worked