But banks across North America, Europe and Asia-Pacific are united in valuations being only partly explained by return on equity, with Bain showing that RoE explains just between 43 per cent and 49 ...

The UK fintech boasted of having a market valuation of $1.1bn, “making it the first pre-revenue bank in history to attain ‘unicorn’ status upon debut”, while also waxing lyrical about being only the ...