#uk-banking-regulation

[ follow ]
#revolut #valuation #secondary-share-sale #nvidia-investment #bonus-deferral #clawback-provisions
fromBusiness Matters
10 hours ago

Revolut surpasses Barclays in value after Nvidia-backed deal puts fintech at $75bn

Revolut has overtaken Barclays in valuation after securing a $75 billion price tag in a major secondary share sale backed by Nvidia, cementing its position as Europe's most valuable private tech company and the standout success story of Britain's fintech sector. The deal - largely involving staff selling portions of their holdings - marks a dramatic jump from Revolut's $45 billion valuation last year. It now exceeds the market capitalisation of Barclays (£55.7bn / $73bn), as well as other UK banking giants including Lloyds and NatWest.
Miscellaneous
UK news
fromBusiness Matters
1 month ago

Bankers to receive bonuses faster under post-crisis rule change

UK regulators cut senior bankers' bonus deferral from eight to four years, permitting earlier partial payouts while retaining stringent clawback provisions.
[ Load more ]