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German online bank N26 to exit North American market -Breaking

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© Reuters. FILEPHOTO: This illustration shows the N26 logo taken January 6, 2020. REUTERS/Dado Ruvic/Illustration/File Photo

FRANKFURT, (Reuters) – The lender announced that N26, a German online bank from Germany will leave the North American market on Thursday.

German regulators have been closely monitoring the bank’s activities. The bank stated that offerings to American customers would cease starting Jan. 11.

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