Palmer Luckey is launching a new digital bank with backing from Peter Thiel. Erebor takes its name from The Lord of the Rings ...

Michelle Bowman, the Trump-appointed chief regulator at the Federal Reserve, has spoken often about this dearth in new banks and promised to bring back more tailoring of supervision and regulation to ...

The venture capital world has always had a hot-and-cold relationship with the Midwest. Investors rush in during boom times, ...

Thiel is part of a group of investors led by Palmer Lucky, the cofounder of Anduril ... and Palantir’s name is … you get it. Luckey and Lonsdale view Erebor as an opportunity to fill the void left by ...

Backed by Palmer Luckey, Joe Lonsdale, and Peter Thiel, Erebor aims to become the U.S. bank for digital currencies, AI, defence and manufacturing.