Goldman-backed Starling states no options to go after EU financial institution license, enlargement to come from computer software

Goldman-backed Starling states no options to go after EU financial institution license, enlargement to come from computer software


Important Points
  • Digital lender Starling will not re-apply for a European Union banking license and will as a substitute go after intercontinental enlargement through its software program enterprise Motor, incoming CEO claimed.
  • Engine is a software platform that Starling sells to other providers, so that they can established up their personal electronic banks.
  • Raman Bhatia outlined the company’s worldwide growth ideas, in his to start with general public remarks since his March appointment as Starling CEO in March.



Resource

After a bruising 2025, the Fed faces another slew of challenges in the year ahead
Finance

After a bruising 2025, the Fed faces another slew of challenges in the year ahead

Key Points The Federal Reserve heads into 2026 facing a slew of political and policy challenges. Crucial issues include a new chair and an economy fed by both tailwinds and headwinds. The previous year saw the Fed come under the spotlight in ways that it never had before. Still, when it comes to policy, most […]

Read More
Ken Griffin’s flagship hedge fund at Citadel rises 10.2% in volatile 2025
Finance

Ken Griffin’s flagship hedge fund at Citadel rises 10.2% in volatile 2025

Key Points Citadel’s flagship multistrategy Wellington fund, its largest, gained 10.2% in 2025, according to a person familiar with the firm’s returns. The firm’s tactical trading fund, which combines equities with quantitative strategies, advanced 18.6% in 2025, the person said. Source

Read More
Stocks making the biggest moves midday: Vertiv, Baidu, Warby Parker, RH & more
Finance

Stocks making the biggest moves midday: Vertiv, Baidu, Warby Parker, RH & more

Check out the companies making the biggest moves midday: Vertiv — Shares popped 8% after Barclays upgraded the data center infrastructure provider to an overweight rating from equal weight. The bank said recent volatility has created an attractive entry point, and believes that upside potential to earnings estimates will drive further outperformance. Sable Offshore — […]

Read More