Revolut secures long-awaited banking license after 3 years—positioning the firm to rival banking giants Barclays and HSBC

Quick Summary:

This is 'a significant step forward for Revolut' and its customers, U.K.

CEO Francesca Carlesi said.'It is a tremendous responsibility to be a bank in the U.K.

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Article Details

Author / Journalist: Aisha S Gani, Bloomberg

Category: EconomyBusiness

Markets: United StatesFrance

Topics: Revolut LondonWires Barclays U.K. Investors Editor's Picks HSBC

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-25 @ 08:48:18 (23 hours ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 30 words

Reading Time: 1 minutes read

Sentences: 23 lines

Sentence Length: 2 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 21770410

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

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Year Established: 1929

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

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Publisher ID: #95

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