Revolut’s New Private Banking Ambitions Could Deepen Its Crypto Wealth Push
Revolut reportedly plans to launch a UK private banking unit this summer with a £500,000 ($630,000) deposit threshold, a move that could deepen its appeal to crypto-focused wealth clients after fresh approvals from the Financial Conduct Authority. The proposed arm would target mass-affluent customers sitting between retail banking and traditional private banks. It may pair...
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