Revolut pushes IPO plan to 2028 – report
Revolut plans to wait until at least 2028 before pursuing a stock market listing, reported Bloomberg citing CEO Nik Storonsky. “Two years away,” Storonsky said about a possible initial public offering…
Revolut plans to wait until at least 2028 before pursuing a stock market listing, reported Bloomberg citing CEO Nik Storonsky. “Two years away,” Storonsky said about a possible initial public offering…
National Australia Bank (NAB) expects credit impairment costs in the first half to reach A$706m ($503m), about double previous levels, with the Iran war adding pressure to the global economy and financial markets. The lender…
UniCredit has intensified its pursuit of Commerzbank by unveiling a comprehensive turnaround strategy for the German lender, to overhaul what it describes as "a story of operating underperformance". The Italian…
Greece’s Piraeus Bank and Accenture have expanded their alliance with the launch of a dedicated AI Hub, powered by Anthropic. The initiative aims to speed up Piraeus’ enterprise-wide AI transformation.…
Financial authorities in parts of Asia are increasing attention on cyber threats linked to Anthropic PBC’s AI model Mythos, reported Bloomberg. In Singapore, the financial regulator has called on banks to…
Hanoi Commercial Joint Stock Bank (SHB) has joined forces with Huawei Technology Group for its digital transformation. The tie-up with Huawei forms part of its longer-term plan to use technology…
OCBC Bank is the leading contender to acquire HSBC Holdings’ retail banking operations in Indonesia, reported Bloomberg citing sources. The Singapore-based lender is looking to expand further in South-east Asian…