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Atom founder to launch new bank for the ultra rich

The Journal

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July 25, 2025

THE founder of North East challenger bank Atom Bank and high street name Metro Bank has announced plans to launch his fourth bank.

- COREENA FORD

Anthony Thomson - who founded Durham-based digital bank Atom in 2014 before stepping down in 2018 - plans to raise £100m in an initial fund-raise for the fresh venture, a global bank aimed at family offices and ultrahigh net worth individuals. He said early interest “has been extraordinary”.

Mr Thomson, now 71, is planning to launch the new bank Family Offices Bank in 2026, with an executive team which will include former Virgin Money and TSB boss Paul Pester, former Barclays executive Samantha Bamert and Stuart Grimshaw, a former executive at Commonwealth Bank of Australia.

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