Trump’s commerce secretary Ross plots £700m merger with UK’s Atom Bank

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A senior figure in Donald Trump's Cabinet is plotting a £700m deal that would see one of Britain's biggest digital-only banks being listed on the US stock market

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As a senior figure in the Trump administration, Mr Ross helped shape the US government's approach to ties with China - the world's most important bilateral trading relationship.Atom Bank has made little secret of its plans to pursue a public listing in the coming years, although it would have been expected to float in London given that its business is entirely focused on the UK.

Atom Bank has total customer deposits of more than £2.5bn and has announced mortgage completions of over £3bn, but has set ambitious targets for growing those figures in the coming years. Last year, it attracted headlines by becoming one of the first substantial employers to switch to a four-day week.

 

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Wouldn't trust this guy.

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