It was only 9 months ago that we held our banking summit at the Baltic last year to try and persuade new entrants to set up new banks. So it is worth reflecting that the experts from the world of finance and banking, who came together on June 7 2013 at the Baltic in Gateshead to hear how regional banks could prevent banking continuing to be concentrated in the hands of a small number of players, have now followed the project through.
I organised that event to show how the North East can benefit from the changes.
Among those who came was former Gosforth Grammar School pupil Anthony Thomson, named as one of the City’s most influential operators after helping set up Metro Bank, a new customer friendly bank opening branches across London. Mr Thomson has now set up Atom.
Fuller story in todays Jounral: