Tuesday, October 14, 2025

Sources: Bank of England officials are holding up Revolut's full UK licence over concerns about whether its risk controls can keep pace with its global growth (Financial Times)

Financial Times:
Sources: Bank of England officials are holding up Revolut's full UK licence over concerns about whether its risk controls can keep pace with its global growth  —  Europe's most valuable start-up has waited years for approval to begin lending in its home market



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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...