USMarkets

Revolut’s CEO Denounces UK’s IPO Challenges Against US Competitors

20 days ago

In a recent statement, Nik Storonsky, the CEO of financial technology firm Revolut, articulated concerns regarding the United Kingdom's capacity to compete with the United States in terms of initial public offerings (IPOs). His remarks come as a flashpoint in an ongoing debate about the attractiveness of the UK market for companies considering IPOs, especially amidst a rapidly evolving global economic landscape.

UBS Seeks Expanded US Banking License to Fuel Growth Strategy

1 month ago

In a significant move signaling its ambitious growth strategy, UBS Group AG has filed an application with US regulators for an expanded banking license. This strategic maneuver aims to enhance UBS's operational capabilities in the United States, enabling the Swiss bank to serve its clients more extensively and deepen its market penetration.