The Estee Lauder Companies Inc.

Puig Brands SA

Ferrari N.V.

Rising oil prices, according to analysts' estimates, have raised the risk of recession in the US to 40% and could push inflation in the country to 5%. Automakers are recording supply disruptions and a slump in demand in the Middle East: Ferrari has started delivering supercars by airplanes, and the luxury sector has already lost $100 billion of capitalization. Against this background, OpenAI is preparing for an IPO, disclosing the risks of dependence on Microsoft, chip shortages and litigation, while Elon Musk's SpaceX may conduct the largest placement in history with a valuation of up to $1.75 trillion. The main events from March 23 to 27 - in our review.

Highlights of the week: US recession risks, SpaceX ambitions, war hits the luxury market

A growing customer base and a Bank of England license pave the way for the company to compete directly with traditional banks

Fintech Revolut reports record profits for 2025

The European Commission (EC) <a href="https://finance.ec.europa.eu/document/download/66e8fd7d-8057-4b9b-96c2-5e54bf573cd1_en?filename=faqs-sanctions-russia-consolidated_en.pdf">has put an</a> end to a long-standing dispute between banks and fintech start-ups with Russian clients residing in the EU. Officials have issued a clarification: Russian citizenship alone is not grounds for closing an account.

European Commission tells banks how to apply payment sanctions to Russians with residence permits 

NVIDIA Corporation

Nebius Group N.V.

Oracle Corporation

Apple Inc.

The war in the Middle East has caused the biggest oil supply disruption in history, affecting about 7.5% of global supply. An investment boom brought 45 new billionaires linked to AI companies to the Forbes ranking. Nvidia announced a $2 billion investment in Arkady Volozh's cloud AI company Nebius to develop computing power and "AI factories." The main events of March 9-13 are in our review.

Highlights of the week: oil supply disruption, Nvidia and Nebius deal, new billionaires

British fintech company Revolut, Europe's most valuable startup, <a href="https://www.revolut.com/news/revolut_launches_uk_bank/">said</a> on March 11 that it had received a full banking license in the United Kingdom. This will allow it to start full-fledged operations as a bank in the country and launch full-fledged accounts for British customers after several years of waiting, Reuters <a href="https://www.reuters.com/business/finance/revolut-gets-full-uk-banking-licence-after-years-long-wait-2026-03-11/">notes</a>.

Revolut launches full-fledged bank in Britain - after a year and a half of restrictions

Visa Inc.

Operations in the region will be led by a former top Visa executive

Revolut has applied for a banking license in the US. This could become its largest market

Netflix, Inc.

Warner Bros. Discovery, Inc.

PayPal Holdings, Inc.

International Business Machines Corporation

Paramount Skydance Corporation

Nvidia reported a 73% jump in quarterly revenue thanks to demand for data center chips and gave a forecast above market expectations. Revolut is preparing a new round of funding and expects a valuation in excess of $100 billion before a possible IPO. Stripe is considering buying PayPal, while Netflix gave up the fight for Warner Bros. Discovery - it ended up being bought by Paramount Skydance for $110 billion . About the main events from February 23 to 27 - in our review.

Highlights of the week: record Nvidia revenue, a new round of Revolut, and IBM's worst day ever

Europe's most valuable fintech startup Revolut is considering a new share sale in the second half of this year amid strong investor demand ahead of a possible IPO, Bloomberg <a href="https://www.bloomberg.com/news/articles/2026-02-25/revolut-weighs-share-sale-later-this-year-on-pre-ipo-demand">reported</a>, citing sources.

Revolut is preparing a new stock sale and is targeting a valuation of up to $150 billion before its IPO

Robinhood Markets, Inc.

Robinhood is set to float a fund on the New York Stock Exchange to invest in Revolut and other non-public startups. Maya, a Philippine neobank, may list in the U.S. for $1 billion. Wall Street's "eternal bear" fund Jeremy Grantham warned of the risk of a U.S. stock market collapse due to the upcoming mega-placements in 2026. The main events on the IPO market for the week are in our selection.

Robinhood, Revolut, and a "perpetual bear" warning: What's important about IPOs by Feb. 22

Nu Holdings Ltd.

In Mexico, Plata has outperformed competitors such as Nubank and Mercado Pago and is now preparing to expand its business

Plata, founded by Tinkoff employees, followed Revolut in obtaining a license in Mexico

Revolut, according to the agency, is preparing a platform for private equity investments

Revolut may offer investors in Europe access to Apollo funds - Bloomberg

Societe Generale Societe anonyme

BNP Paribas SA

UniCredit S.p.A.

Deutsche Bank Aktiengesellschaft

Russians living in the EU have started to encounter checks on previously approved money transfers to Revolut from CIS countries to Europe. Often these are transactions made 1-2 years ago. Neobank tries to find out whether a third country bank was not a transit link between Russia and the EU, asks for confirmation of the source of origin of the funds and blocks the account if it sees the Russian origin of the money.