Wealth Management

Monument Bank has not ruled out London listing, CEO says

Ian Rand says UK challenger bank ‘absolutely’ sees IPO as an exit strategy in the coming years

Monument Bank is targeting a New York listing, according to reports, but its CEO Ian Rand says  the fast-growing digital lender hasn't discounted London
Monument Bank is targeting a New York listing, according to reports, but its CEO Ian Rand says the fast-growing digital lender hasn't discounted London

Monument Bank has not ruled out an IPO on the London Stock Exchange, even as it eyes a potential float in New York, its chief executive has told Financial News.

Former Barclays executive Ian Rand confirmed the UK challenger bank would pursue an IPO in the coming years. But he added that a decision has not been made about where the firm will list.

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