Ex-Barclays CEO Antony Jenkins Wants to Disrupt the Dinosaurs | In The City
February 2, 2023
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26:14Now PlayingEx-Barclays CEO Antony Jenkins Wants to Disrupt the Dinosaurs | In The City
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as posted by the channelAntony Jenkins is building technology he wanted when he ran Barclays. The former chief executive served at the big bank for three very turbulent years (), spending a lot of time wondering why there wasn’t a better way to automate its operations. When he left, he decided to find a way to do just that for everyone else.
On this week’s In the City, Jenkins joins hosts Francine Lacqua and David Merritt to share his story of starting 10x Banking Technology, a key player in London’s growing fintech scene. He launched the company in 2016 with £1 million of his own money. The company’s name reflects its mission, he said: develop new technology that can make banking 10 times better than what it is. It was most recently valued at about £600 million.
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Is London having another moment? Shaken by Brexit, decimated by the pandemic, threatened by new ways of working and a worsening cost-of-living crisis, the city remains Europe’s (and arguably the world’s) beating heart for finance and for culture. In the wake of turmoil, The City of London is reinventing itself. Every week on In The City, Bloomberg’s Francine Lacqua and David Merritt go behind the scenes in the Square Mile and the wider metropolis, uncovering the stories and speaking to the people that matter.
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