Tandem’s acquisition of Harrods Bank, the banking arm of UK department store, is approved by regulators

 Back in August, ‘challenger’ bank Tandem said that it had signed an agreement to acquire Harrods Bank, the banking arm of the U.K.’s most famous luxury department store, subject to regulatory approval. Today, the startup bank is announcing that it has now received the go-ahead from the Prudential Regulation Authority, a division of the Bank of England, and the Financial… Read More http://ift.tt/2BlhRwJ