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Thursday, August 11, 2022
Tags Bank of england

Tag: bank of england

Monzo capital requirement was raised by the Bank of England

Monzo bank is now obliged to have a capital worth of 13.6 percent of its risk-weighted assets to be protected against potential losses.
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Revolut plans to increase its crypto headcount by 20%

Fintech company Revolut continues to expand its cryptocurrency services operations after recently getting approval to operate in Singapore.

Nubank hits 1 million crypto users in less than a month

Brazilian challenger bank Nubank has announced hitting one million cryptocurrency users in the country barely a month after launching the service.

Revolut has been hit by high-profile resignations

Revolut has been hit by multiple resignations from its UK risk and compliance chiefs.

Starling Bank reports first full year profit

Starling reported a pre-tax profit of £32.1 million for the financial year ending 31 March 2022.