Don't know the UK banking landscape, but it doesn't look that unusual in recent times: https://www.bankofengland.co.uk/prudential-regulation/new-bank-start-up-u

Don't know the UK banking landscape, but it doesn't look that unusual in recent times: https://www.bankofengland.co.uk/prudential-regulation/new-bank-start-up-unit/new-banks-authorised-since-2013 https://www.bankofengland.co.uk/prudential-regulation/new-ba...