Barclays to retain 20% stake in merchant payments arm amid Brookfield talks | Money News Aitrend

Barclays to retain 20% stake in merchant payments arm amid Brookfield talks | Money News

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Barclays is set to complete a deal to shed its UK merchant acquiring arm, allowing it to remain an investor in the business. Sky News has learned that Barclays and Brookfield, the Canadian asset management giant, are in detailed talks over a deal which would see the British lender retain a 20% stake in the … Read more

Former Chase UK boss snaps up Atom Bank stake | Money News Aitrend

Former Chase UK boss snaps up Atom Bank stake | Money News

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A new investment vehicle founded by one of Britain’s biggest venture capitalists has taken a stake in Atom Bank, the digital-only lender. Sky News has learned that Lexham Partners, set up this year by Dominic Perks, co-founder of Hambro Perks, is negotiating the purchase of a multi-million pound stake in Atom Bank from a number … Read more