On June 2, Nu Holdings declined 3.54% overnight, trading at $12.52 per share, with trading volume of $19,300.

On the news front, Nu Holdings announced the appointment of Rob Livingston, Visa's CFO for North America and a former Capital One executive, as its new Chief Financial Officer. Livingston will succeed Guilherme Lago on July 13. Lago, who helped oversee Nubank's New York Stock Exchange listing, will transition to a special adviser role for management and the company's audit and risk committees. CEO David Velez stated that Livingston brings deep knowledge of global financial institutions and the US market. Notably, the new CFO will be based in the US, where Nu Holdings earlier received conditional approval to establish a bank, signaling the company's strategic push into the American market.

Within the Diversified Banks sector, the overall performance was subdued. Among individual stocks, JPMorgan Chase 0%, Bank of America down 0.47%, Citigroup 0%, Wells Fargo 0%, Toronto-Dominion Bank 0%.

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