Aisha Gani

1 week ago | bloomberg.com | Aisha Gani |Sonia Sirletti

Francesca Carlesi in Milan, on June 17. (Bloomberg) -- Revolut will be launching its AI financial assistant soon, according to one of the fintech’s top executives. The firm is still experimenting with the technology, but “will go live shortly,” Francesca Carlesi, Revolut’s UK chief executive officer, said in an interview with Francine Lacqua at a Bloomberg New Voices event in Milan. Revolut has said that using more AI tools to help customers with their finances is a key goal for 2025.

2 weeks ago | bloomberg.com | William Shaw |Aisha Gani

NatWest branding. (Bloomberg) -- NatWest Group Plc has begun shifting some of its wealth management operations from Switzerland to the UK as Chief Executive Officer Paul Thwaite has sought to whittle away costs across the lender. The firm has also begun moving other roles to lower cost locations such as India, Thwaite said Thursday at an investor conference hosted by Goldman Sachs Group Inc.

2 weeks ago | news.bloomberglaw.com | Aisha Gani

The UK will launch a new market for private companies selling shares later this year, which regulators say will give firms access to more investors without the hurdles of a stock market listing. The Financial Conduct Authority said the Private Intermittent Securities and Capital Exchange System, or PISCES, will only be available for institutions and individuals willing to take on high-risk investments, as well as employees of participating companies.

2 weeks ago | bloomberg.com | Aisha Gani

City of London. Photographer: Leon Neal/Getty Images(Bloomberg) -- The UK will launch a new market for private companies selling shares later this year, which regulators say will give firms access to more investors without the hurdles of a stock market listing.

3 weeks ago | bloomberg.com | Aisha Gani

Wise co-founder Taavet Hinrikus(Bloomberg) -- Wise Plc just fired the latest warning shot for British bankers and lawmakers trying to get more IPO prospects to choose London — particularly in the fintech sector. The £12 billion money-transfer company said Thursday it will switch its primary listing to the US, the latest blow to the UK’s reputation. It comes just months after Klarna Group Plc chose to go public in the US, though those plans are now on hold. Challenger banks such as Revolut Ltd.