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former barclays chief explores sale of fintech firm 10x
Antony Jenkins, the former Barclays chief, is considering selling his fintech company 10X, which he founded in 2016 after leaving Barclays. The firm, focused on banking-as-a-service technology, has attracted significant investment and aims for profitability by year-end, but declining tech valuations may impact its sale price.
monzo faces pivotal decision on potential us or uk ipo listing
Investors including GIC and Mubadala have acquired significant stakes in Monzo, which is now debating its IPO location, with CEO TS Anil favoring a US listing. Despite executive changes, Monzo's growth is notable, boasting over 11 million customers. Meanwhile, Barclays is experiencing a shift in pay dynamics under CEO CS Venkatakrishnan, as the bank adapts to competitive pressures in executive compensation.
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