30 dez Crackdown on MetaBank Casts a Shadow on NetSpend’s IPO

Crackdown on MetaBank Casts a Shadow on NetSpend’s IPO

Federal banking regulators this thirty days cracked down on MetaBank, an important prepaid credit card issuer, an action that tossed into concern the pending initial general public providing of prepaid credit card system supervisor NetSpend Corp.

Austin, Texas-based NetSpend is planned to rate its long-planned IPO on Thursday, based on reports from the monetary wires. But its ties that are close MetaBank caused rounds of conjecture about perhaps the IPO will in truth take place.

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