Klarna Bank AB is set to launch its initial public offering in New York in the first half of next year, sparking optimism for a resurgence in fintech listings after a prolonged drought. A successful IPO could encourage other companies in the sector to follow suit, especially with potential regulatory easing anticipated during a second Donald Trump presidency.
Klarna Bank AB shareholders voted to remove board member Mikael Walther, reflecting ongoing tensions within the company's leadership. The decision was supported by 87% of investors during a recent meeting, signaling significant discontent at the highest levels of the financial technology firm.
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