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Revolut is hoping to launch its private banking services in UK later this year for customers who have at least £500k to deposit writes FT. The plans come as the UK’s Financial Conduct Authority granted permission for Revolut’s trading arm to expand into "leveraged products, private wealth services and managed portfolio solutions". Revolut’s trading division, said: "These permissions are the missing piece allowing us to unite investment, advisory and portfolio management under one roof." Source https://t.co/xzr5kSNzCP