Palmer Luckey's Erebor Bank plots Syria expansion

Erebor Bank, founded by Anduril co-founder Palmer Luckey and recently a key financial bridge between the U.S. and Venezuela, is eyeing expansion into Syria. The bank told staff and investors it could help the war-torn country reconnect to the global financial system and attract billions in deposits.

• Erebor Bank was founded by Anduril co-founder Palmer Luckey
• The bank recently became a financial bridge between the U.S. and Venezuela
• In Syria it could attract billions of dollars in deposits
• Washington only recently reopened Syria to U.S. firms and investment