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Atom Bank finance chief McCarthy quits months before potential float

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Sky News understands that David McCarthy is to leave the Durham-based bank after eight years as part of its leadership team

Atom Bank had been in talks with a special purpose acquisition company set up by Wilbur Ross, the billionaire Wall Street financier.

In total, it has raised about £500m in equity from investors including the Spanish bank BBVA, Toscafund and the now-dissolved Woodford Investment Management.

 

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