View more on these topics

Metro Bank founder Anthony Thomson to launch new digital bank

Metro Bank founder Anthony Thomson is joining forces with First Direct chief executive Mark Mullen to launch ‘Atom’, a new national and retail business bank.

The new venture is expected to open for business in 2015 and will be headquartered in the North East of England. Thomson and Mullen say Atom will have no branches and will become “the UK’s first truly digital bank”.

Thomson will be Atom’s chairman while Mullen will be chief executive, with further appointments to be announced “shortly”.

Thomson says: “Designed entirely for the digital age and with none of the legacy issues of the past, Atom will be the UK’s first real alternative to the established banks.

“Atom will be led and governed by an experienced and imaginative team who have a passion for people and know what it takes to put the customer at the heart of an organisation.

“Together we will offer our personal and business customers both better customer service and better value.”

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

    Leave a comment

    Close

    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm

    Email: customerservices@moneymarketing.com