Nikolay Storonsky, founder and CEO of Revolut. Harry Murphy | Sportsfile for Web Summit via Getty Images LONDON — The chief executive of British financial technology giant Revolut told CNBC he is optimistic about the company’s chances of getting a British banking license, as the company reported record pre-tax profits for the year thanks to … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Shares of Airbus tumbled on Tuesday after the world’s largest aircraft maker cut its annual profit forecast as supply chain disruptions worsened and a charge related to its aerospace business was imposed. The company’s supply … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Digital bank Monzo has reported its first annual profit since launching almost a decade ago, as the London-based fintech benefited from higher interest rates and growth in transaction fees and subscriptions. The neobank, founded in … Read more