‘Shockingly lax’: how soaring British bank Starling had its wings clipped Launched as a challenger to traditional lenders, it profited from offering state-backed loans during Covid.
He began his term by rubbing shoulders with new Labour ministers in No 10’s rose garden, and charming staff during a tour of Starling offices in Cardiff, London and Southampton.
In June, Raman Bhatia walked into the fifth-floor office at Starling Bank’s headquarters in east London with a clean slate.
At the digital-only challenger bank, where he was taking over from the founder, Anne Boden, things looked more rosy, with a possible stock market listing on the horizon.
It was set to be an antidote to a turbulent two years steering his former employer, Ovo, through an energy crisis and fines for overcharging customers.
